Dhaka, Bangladesh (BBN)– Bangladesh’s stocks saw downward trend in early hour of trading on Sunday some investors are selling shares to book profit.
Following the previous week’s marginal correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower amid rising trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse fell 3.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 14 points at 10:45am.
After 30 minutes of trading, the DSEX fell more than 6.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse fell 22 points at 11:00am when the report was filed.
DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE, went down by 6.05 points or 0.10 percent to reach at 5,568 points at 11:00am.
The DS30 index, comprising blue chips, also fell 5.27 points to reach at 1,952 points.
The DSE Shariah Index lost 1.33 points to stand at 1,277 points till then.
Turnover, the important indicator of the market, stood at BDT 1.62 billion on DSE when the report was filed at 11:00am.
Dragon Sweater was the most traded stocks till then with shares worth BDT 225 million changing hands, followed by Nahee Aluminum BDT 172 million, Active Fine Chemicals BDT 154 million, United Power BDT 109 million and Khulna Power BDT 100 million.
Of the issues traded till then, 92 advanced, 112 declined and 52 remained unchanged on the DSE trading floor.
CHITTAGONG STOCK EXCHANGE
The port city’s bourse – the Chittagong Stock Exchange – (CSE) saw negative trend till then with CSE All Share Price Index- CASPI-losing 22 points to stand at 17,180, also at 11:00am.
The Selective Category Index – CSCX –also fell 8.40 points to stand at 10,418 points till then.
Of the issues traded till then, 28 gained, 40 declined and 10 issues remained unchanged with BDT 286 million in turnover.