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The Financial Express

Bourses down with sluggish trading

| Updated: April 29, 2019 11:43:18


FE file photo FE file photo

The prices of most of the shares on both bourses witnessed a downward trend in early trading on Sunday as cautious investors continued their selling binge.

Following the previous week’s decline, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower today with sluggish trading activities.

Within first 30 minutes of trading, DSEX, the key index of the country’s prime bourse fell 12 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 18 points at 10:30am.

After first hour of trading, the DSEX lost more than 23 points while the CASPI of port city’s bourse fell 29 points at 11:30am when the report was filed.

The DSEX went down by 23.14 points or 0.44 per cent to stand at 5,243 points at that time.

The DS30 index, comprising blue chips, lost 8.29 points to reach at 1,855 points till then while the DSE Shariah Index fell 5.32 points to stand at 1,209 points.

Turnover, the crucial indicator of the market, stood at Tk 1.02 billion on the DSE when the report was filed at 11:30am.

National Polymer was the most traded stocks till filing of this report with shares worth Tk 104 million changing hands, closely followed by Fortune Shoes, Monno Ceramic, Generation Next Fashion, and Indo-Bangla Pharma.

Of the issues traded till then, 93 advanced, 173 declined, and 43 remained unchanged on the DSE trading floor.

The Chittagong Stock Exchange (CSE) also saw a downward trend till then with the CASPI shedding 29 points to stand at 16,116 points, also at 11:30am.

The Selective Category Index (CSCX) also fell 20 points to stand at 9,749 points till then.

Of the issues traded till then, 41 gained, 45 declined, and 18 issues remained unchanged with Tk 31 million in turnover.

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