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Stocks showing downtrend

Published : Thursday, 11 January, 2018 at 2:02 PM Count : 185

The prices of most shares on both bourses -- Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) -- witnessed a negative trend in the early hours of trading on Thursday.

After first one hour of trading, the benchmark index of the country's premier bourse went down by 18 points while the Selective Category Index of port city bourse shed 29 points.

DSEX, the prime index of the DSE, shed over 18 points or 0.29 percent to stand at 6,154 points at 11:52 am.

The two other indices also saw a downtrend till then. The DSE Shariah Index (DSES) also lost 0.85 points or 0.85 percent to stand at 1,387 points.

The DS30 index, comprising blue chips, went down by 5.15 points or 0.22 percent to reach 2,248 points.

The turnover, the crucial indicator of the market, stood at Tk 1,220.93 million on the DSE.

Of the issues traded till then, 73 advanced, 169 declined and 61 remained unchanged.

IFAD Autos Limited was the most traded stocks till then with shares worth Tk 92.62 million changing hands, followed Paramount Textile, aamra networks and Lafarge Surma Cement.

The port city bourse - the Chittagong Stock Exchange - (CSE) also posted a downward spike till then with its Selective Category Index - CSCX - losing 29 points to stand at 11,506.65 points, also at 11:52 am.

Of the issues traded till then, 31 gained, 87 declined and 29 issues remained unchanged with a turnover of Tk 46.95 million.


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