Bangladesh
6 years ago

DSEX dips below 5,900-mark in early trading

Picture used for representational purpose only. FE File Photo
Picture used for representational purpose only. FE File Photo

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The prices of most of the shares on both bourses witnessed downward trend in early hour of trading on Sunday as investors were on selling mood.

Following the previous week’s sharp fall, the Dhaka Stock Exchange (DSE) saw positive trend while the Chittagong Stock Exchange (CSE) witnessed downturn at opening amid low trading activities.

After first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 0.28 point while the CSE All Share Price Index (CASPI) of port city’s bourse fell 12 points at 10:45 am.

After 30 minutes of trading, the DSEX fell more than 28 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 62 points at 11:00 am when the report was filed.

DSEX, the prime index of the DSE, went down by 28.68 points or 0.48 per cent to came down below the 5,900-mark to reach at 5,878 points at 11:00 am.

The two other indices also saw downward trend till then. The DS30 index, comprising blue chips shed 12.23 points or 0.56 per cent to reach at 2,158 points.

The DSE Shariah Index (DSES) also lost 5.20 points or 0.38 per cent to stand at 1,370 points till then.

Turnover, the important indicator of the market, stood at Tk 624 million when the report was filed at 11:00 am.

Of the issues traded till then, 81 advanced, 117 declined and 51 remained unchanged.

Pharma Aids was the most traded stocks till then with shares worth Tk 49 million changing hands, closely followed by IDLC Finance Tk 48 million, Legacy Footwear Tk 47 million, CVO Petrochemicals Refinery Tk 35 million and Unique Hotel & Resorts Tk 32 million.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw downward trend till then with CSE All Share Price Index- CASPI- losing 62 points to stand at 18,189, also at 11:00 am.

The Selective Category Index – CSCX –also lost 38 points to stand at 10,980 points till then.

Of the issues traded till then, 20 gained, 40 declined and 11 issues remained unchanged with Tk 14 million in turnover.

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