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The Financial Express

DSE, CSE open on bearish trend

| Updated: April 29, 2019 15:30:08


Stocks open on bearish trend

The prices of most of the shares on bourses witnessed downward trend in early trading on Monday as worried investors continued their selling binge.

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

Within first 15 minutes of trading, the key index of the country’s prime bourse fell 10 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 15 points at 10:45am.

After 30 minutes of trading, the DSEX lost more than 15 points while the CSE All Share Price Index (CASPI) of port city’s bourse fell 24 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 15.69 points or 0.30 per cent to stand 5,222 points at 11:00am.

The DS30 index, comprising blue chips, lost 7.25 points to reach at 1,848 points till then. The DSE Shariah Index fell 1.28 points to stand at 1,207 points.

Turnover, the important indicator of the market, stood at Tk 467 million on DSE when the report was filed at 11:00am.

Monno Ceramic was the most traded stocks till then with shares worth Tk 32 million changing hands, closely followed by Fortune Shoes, Indo-Bangla Pharma, Genex Infosys and Monno Stafflers.

Of the issues traded till then, 109 advanced, 113 declined and 38 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – also saw downward trend till then with CSE All Share Price Index- CASPI-shedding 24 points to stand at 16,028 points, also at 11:00am.

The Selective Category Index – CSCX –also fell 15 points to stand at 9,695 points till then.

Of the issues traded till then, 19 gained, 29 declined and 15 issues remained unchanged with Tk 10 million in turnover.

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