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The Financial Express

Stocks post marginal loss in early trading

FE Online Report | Published: February 05, 2020 11:51:32 | Updated: February 06, 2020 11:42:59


Stocks post marginal loss in early trading

Stocks posted a modest loss in early hours of trading on Wednesday as most of the investors followed cautious stance.

Following the previous day’s mild correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on negative trend amid low trading activities.

After 30 minutes of trading, DSEX lost more than 3.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse fell 2.82 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 3.66 points or 0.08 per cent to stand 4,475 points at 11:00am.

Two other indices also saw downturn till then. The DS30 index, comprising blue chips, lost 3.46 points to reach at 1,522 and the DSE Shariah Index shed 1.79 points to stand at 1,029 points till then.

Turnover, the important indicator of the market, stood at Tk 964 million on DSE when the report was filed at 11:00am.

LafargeHolcim Bangladesh was the most traded stocks till then with shares worth Tk 60 million changing hands, closely followed by BBS Cables, Coppertech Industries, Golden Harvest Agro, and Northern Jute Manufacturing.

Of the issues traded till then, 129 advanced, 91 declined and 76 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw downturn till then with CSE All Share Price Index- CASPI-losing 2.82 points to stand at 13,639 points, also at 11:00am.

The Selective Category Index – CSCX – also lost 1.13 points to stand at 8,268 points till then.

Of the issues traded till then, 36 advanced, 29 declined 19 issues remained unchanged with Tk 27 million in turnover.

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