Stocks witnessed a downward trend in the early hours of trading on Sunday as investors mostly followed cautious stance.
Following the previous week’s slump, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower amid low trading activities.
Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse fell 15 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 35 points at 10:45am.
After 30 minutes of trading, the DSEX fell more than 28 points while the CASPI of Chattogram bourse lost 55 points at 11:00am when the report was filed.
The DSEX, then went down by 28.74 points or 0.64 per cent to stand 4,428 points at that time.
The DS30 index, comprising blue chips, also fell 12.08 points to reach at 1,501 points till then while the DSE Shariah Index shed 8.02 points to stand at 989 points.
Turnover, one of the important indicators of the market, stood at Tk 521 million on DSE when the report was filed at 11:00am.
Paramount Textile was the most traded stocks till filing of this report with shares worth Tk 38 million changing hands, closely followed by Karnaphuli Insurance, Khulna Power, Zaheen Spinning, and Progressive Life Insurance.
Of the issues traded till then, 69 advanced, 177 declined, and 46 remained unchanged on the DSE trading floor.
The Chittagong Stock Exchange (CSE) also saw a negative trend till then with the CASPI losing 55 points to stand at 13,475 points, also at 11:00am.
The Selective Category Index (CSCX) also fell 35 points to stand at 8,171 points till then.
Of the issues traded till then, 16 advanced, 53 declined, 5 issues remained unchanged with Tk 10 million in turnover.
