Stocks witnessed downward trend in early hours of trading on Monday as cautious investors continued their selling binge on sector-wise issues.
Following the previous day’s decline, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower amid low trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse fell 1.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 12 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 22 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went down by 10.18 points or 0.22 per cent to stand 4,420 points at 11:00am.
The DS30 index, comprising blue chips, also fell 5.07 points to reach at 1,496 points till then. The DSE Shariah Index shed 3.65 points to stand at 983 points.
Turnover, the important indicator of the market, stood at Tk 570 million on DSE when the report was filed at 11:00am.
Golden Harvest Agro Industries was the most traded stocks till then with shares worth Tk 39 million changing hands, closely followed by Khulna Power, Sinobangla Industries, Ring Shine Textile and Standard Ceramic.
Of the issues traded till then, 121 advanced, 95 declined and 83 remained unchanged on the DSE trading floor.
The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw negative trend till then with CSE All Share Price Index- CASPI-losing 22 points to stand at 13,458 points, also at 11:00am.
The Selective Category Index – CSCX – also fell 14 points to stand at 8,157 points till then.
Of the issues traded till then, 36 advanced, 20 declined 12 issues remained unchanged with Tk 14 million in turnover.
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