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Stocks down at opening

WT24 Desk

The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed downward trends in early hours of trading on Sunday as cautious investors were on selling spree, Agencies report.

The key index of the country’s major bourse shed over 28.17 points while the Selective Category Index of port city bourse lost 13.81 points at 11:25am.

DSEX, the prime index of the DSE went down by 28.17 points or 0.46 percent to stand at 6,022 points. The two other indices also saw negative trend till then. The DS30 index, comprising blue chips also decreased by 9.67 points or 0.43 percent to stand at 2,221.

The DSE Shariah Index (DSES) also lost 3.29 points or 0.23 percent to reach at 1,402. Turnover, the crucial indicator of the market, stands at Tk 1,030 million on the DSE, riding on Fu Wang Food and Unique Hotel & Resorts.

Fu Wang Food Ltd dominated the turnover chart with shares worth Tk 84.96 million changing hands till then, closely followed by Legacy Footwear, Unique Hotel & Resorts and Anwar Galvanising.

Of the issues traded till then, 60 advanced, 178 declined and 46 issues remained unchanged. The port city bourse, the Chittagong Stock Exchange (CSE), also saw negative trend till then with its Selective Category Index – CSCX – losing 33.61 points to stand at 11,263 also at 11:32am.

Of the issues traded till then, 28 gained, 58 declined and 25 remained unchanged with a turnover value of Tk 39.16 million.

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