DSE and CSE - Both Bourses Witnessed Downward Trend

The prices of most of the shares on both bourses witnessed downward trend in early hour of trading while the key index of the country’s prime bourse fell more than 22 points.

Following the previous three days’ correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened lower amid low trading activities.

Within first 30 minutes of trading, the key index of the country’s prime bourse—DSEX—fell more than 22 points while the CSE All Share Price Index (CASPI) of port city bourse lost 34 points at 10:30am.

After first hour of trading, the DSEX lost more than 32 points while the CSE All Share Price Index (CASPI) of port city bourse dropped 64 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 32 points or 0.58 per cent to reach at 5,364 points at 11:00am.

The DS30 index, comprising blue chips, fell 13 points to reach at 1,988 points.

The DSE Shariah Index (DSES) also fell 6.82 points to reach at 1,244 points till then.

Turnover, the important indicator of the market, stood at Tk 809 million when the report was filed at 11:00am.

Of the issues traded till then, 69 advanced, 142 declined and 42 remained unchanged.

Alif Industries was the most traded stocks till then with shares worth Tk 67 million changing hands, closely followed by Legacy Footwear BDT 65 million, Queen South Textile Tk 53 million, Square Pharma Tk 49 million and Beximco Tk 47 million.

The port city bourse–the Chittagong Stock Exchange (CSE)—also saw downward trend till then with CSE All Share Price Index- CASPI-losing 64 points to stand at 16,623, also at 11:00am.

The Selective Category Index–CSCX–also lost 40 points to stand at 10,058 points till then.