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Stocks witnessed downward trend in early hours of trading on Sunday as investors mostly followed cautious stance.
Following the previous three days’ high note, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on negative note amid low trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse fell 1.0 point while the CSE All Share Price Index (CASPI) of port city’s bourse fell 13 points at 10:45am.
After 30 minutes of trading, DSEX lost more than 22 points while the CSE All Share Price Index (CASPI) of port city’s bourse shed 15 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went down by 22.84 points or 0.50 per cent to stand 4,505 points at 11:00am.
The DS30 index, comprising blue chips, also fell 5.33 points to reach at 1,540 points. The DSE Shariah Index lost 4.70 points to stand at 1,030 points till then.
Turnover, the important indicator of the market, stood at Tk 651 million on DSE when the report was filed at 11:00am.
Bangladesh Submarine Cable Company was the most traded stocks till then with shares worth Tk 43 million changing hands, closely followed by Newline Clothings, LafargeHolcim, Sea Pearl Beach and Delta Life Insurance.
Of the issues traded till then, 52 advanced, 203 declined and 40 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 15 points to stand at 13,776 points, also at 11:00am.
The Selective Category Index – CSCX – also fell 10 points to stand at 8,355 points till then.
Of the issues traded till then, 21 advanced, 38 declined 5 issues remained unchanged with Tk 15 million in turnover.