The prices of most of the shares on both bourses witnessed downward trend in early trading Wednesday as investors mostly followed cautious stance amid poor quarterly earnings declarations.
Following the previous 10 days’ 265 points correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened marginally lower amid low trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse fell 0.58 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 10 points at 10:45am.
After 30 minutes of trading, the DSEX fell more than 10 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 4.44 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went down by 10.65 points or 0.19 per cent to reach at 5,538 points at 11:00am.
The two other indices also saw downward trend till then. The DS30 index, comprising blue chips, fell 6.42 points or 0.31 per cent to reach at 2,065 points.
The DSE Shariah Index (DSES) lost 1.91 points or 0.14 per cent to reach at 1,298 points till then.
Turnover, the important indicator of the market, stood at Tk 507 million when the report was filed at 11:00am.
Of the issues traded till then, 96 advanced, 80 declined and 64 remained unchanged.
Western Marine Shipyard was the most traded stocks till then with shares worth Tk 65 million changing hands, closely followed by Queen South Textile Tk 41 million, Legacy Footwear Tk 38 million, Monno Ceramic Tk 28 million and Dragon Sweater Tk 20 million.
The port city’s bourse also saw negative trend till then with CSE All Share Price Index- CASPI-losing 4.44 points to stand at 17,123, also at 11:00am.
The Selective Category Index – CSCX –also fell 2.25 points to stand at 10,351 points till then.
Of the issues traded till then, 29 gained, 18 declined and 8 issues remained unchanged with Tk 13 million in turnover.
