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The Financial Express

Bourses fall as investors take cautious stance

FE Online Report | Published: January 28, 2020 11:48:03 | Updated: January 29, 2020 13:50:37


Bourses fall as investors take cautious stance

Stocks witnessed downward trend in early hours of trading on Tuesday as investors mostly followed cautious stance.

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

After 30 minutes of trading, DSEX lost more than 6.37 points while the CSE All Share Price Index (CASPI) of port city’s bourse shed 3.64 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 6.37 points or 0.14 per cent to stand 4,486 points at 11:00am.

The DS30 index, comprising blue chips, also fell 5.82 points to reach at 1,535 points. The DSE Shariah Index lost 2.70 points to stand at 1,029 points till then.

Turnover, the important indicator of the market, stood at Tk 831 million on DSE when the report was filed at 11:00am.

LafargeHolcim Bangladesh was the most traded stocks till then with shares worth Tk 144 million changing hands, closely followed by Grameenphone, ADN Telecom, Paramount Textile and Quasem Industries.

Of the issues traded till then, 118 advanced, 134 declined and 57 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw downward trend till then with CSE All Share Price Index- CASPI-losing 3.65 points to stand at 13,652 points, also at 11:00am.

The Selective Category Index – CSCX – also fell 0.15 points to stand at 8,281 points till then.

Of the issues traded till then, 32 advanced, 31 declined 12 issues remained unchanged with Tk 17 million in turnover.

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