DSE, CSE inch down at opening


FE Online Report | Published: May 23, 2018 11:38:53 | Updated: May 24, 2018 15:36:56


FE File Photo

The prices of most of the shares on both bourses witnessed downturn in early hour of trading on Wednesday as investors remained cautious amid ongoing bearish trend.

Following the previous day’s marginal fall, the Dhaka Stock Exchange (DSE) saw negative trend while the Chittagong Stock Exchange (CSE) opened marginally higher amid low trading activities.

Within first 30 minutes of trading, the key index of the country’s prime bourse fell more than 11 points while the CSE All Share Price Index (CASPI) of port city bourse gained 8.0 points at 10:30am.

After first hour of trading, the DSEX lost more than 15 points while the CSE All Share Price Index (CASPI) of the CSE fell 37 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 15.42 points or 0.28 per cent to reach at 5,376 points at 11:00am.

The DSE Shariah Index (DSES) also lost 5.30 points or 0.42 per cent to reach at 1,257 points till then.

However, the DS30 index, comprising blue chips, advanced 0.02 point to reach at 1,990 points.

Turnover, the important indicator of the market, stood at Tk 1.13 billion when the report was filed at 11:00am.

Of the issues traded till then, 92 advanced, 117 declined and 52 remained unchanged.

Intraco Refueling Station was the most traded stocks till then with shares worth Tk 129 million changing hands, closely followed by BRAC Bank Tk 96 million, Berger Paints Tk 49 million, Fine Foods Tk 45 million and Rupali Life Insurance 44 million.

The port city bourse also saw negative trend till then with CSE All Share Price Index- CASPI-losing 37 points to stand at 16,603, also at 11:00am.

The Selective Category Index – CSCX –also fell 22 points to stand at 10,041 points till then.

Of the issues traded till then, 30 gained, 54 declined and 10 issues remained unchanged with Tk 44 million in turnover.

babulfexpress@gmail.com

Share if you like