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DSE, CSE descent in early trading

| Updated: April 11, 2019 18:20:38


Shares descent in early trading

The prices of most of the shares on both bourses witnessed downward trend in early trading on Monday as investors mostly followed cautious stance.

Following the previous week’s mild correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower with low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse fell more than 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 fell more than 16 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 33 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 16.93 points or 0.30 per cent to stand 5,638 points at 11:00am.

The DSE Shariah Index also shed 4.65 points to stand at 1,288 points.

However, the DS30 index, comprising blue chips, advanced 0.21 points to reach at 2023 points till then.

Turnover, the important indicator of the market, stood at Tk 972 million on DSE when the report was filed at 11:00am.

Brac Bank was the most traded stocks till then with shares worth Tk 161 million changing hands, closely followed by BATBC, Dutch-Bangla Bank, Monno Ceramic and United Power.

Of the issues traded till then, 62 advanced, 189 declined and 44 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-losing 33 points to stand at 17,318 points, also at 11:30am.

The Selective Category Index – CSCX –also fell 20 points to stand at 10,494 till then.

Of the issues traded till then, 17 gained, 59 declined and 10 issues remained unchanged with Tk 37 million in turnover.

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