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Rubel Rana

Published:
2018-07-12 11:56:30 BdST

DSE, CSE reverse profit to lower


FT ONLINE

Stocks witnessed downward trend in early hour of trading Thursday as risk-averse investors went on selling shares on sector-wise stocks.

Following the last two days’ positive trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note amid rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced nearly 10 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 2.0 points at 10:45am.

But, the positive momentum failed to continue as the session progressed.

After 30 minutes of trading, the DSEX fell more than 6.0 points while the CSE All Share Price Index (CASPI) of port city bourse lost 37 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went down by 6.28 points or 0.12 per cent to reach at 5,372 points at 11:00am.

The DS30 index, comprising blue chips, also lost 1.32 points to reach at 1,914 points.

However, the DSE Shariah Index gained 1.83 points to reach at 1,268 points till then.

Turnover, the important indicator of the market, stood at Tk 1.72 billion when the report was filed at 11:00am.

KDS Accessories was the most traded stocks till then with shares worth Tk 155 million changing hands, closely followed by Queen South Textile Tk 135 million, Monno Ceramic Industries Tk 122 million, Dragon Sweater Tk 88 million and The Peninsula Chittagong Tk 86 million.

Of the issues traded till then, 86 advanced, 138 declined and 42 remained unchanged on the DSE trading floor.

The port city’s bourse also saw negative trend till then with CSE All Share Price Index- CASPI-losing 37 points to stand at 16,600, also at 11:00am.

The Selective Category Index – CSCX –also fell 22 points to stand at 10,046 points till then.

Of the issues traded till then, 35 gained, 75 declined and 14 issues remained unchanged with Tk 84 million in turnover.

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