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Stocks open week lower as DSE, CSE indices slide
Trading at both the Dhaka and Chattogram stock markets began the week on a bearish note on Sunday, with key indices falling in the first hour amid broad-based sell-offs.
During the first hour of trading, the benchmark DSEX index of the Dhaka Stock Exchange (DSE) dropped by 30 points.
The Shariah-based DSES index lost 4 points, while the blue-chip DS30 index shed a sharp 100 points.
Most of the traded issues posted losses. Out of the participating companies, share prices of 236 firms declined against gains by 81 companies, while 67 issues remained unchanged.
The turnover at the DSE crossed Tk 150 crore in shares and units within the first hour of trading.
The downward trend was also evident at the Chittagong Stock Exchange (CSE). The overall index fell by 14 points in early trading.
At the CSE, prices of 35 companies declined against gains by 30 companies, while 11 issues remained unchanged, reports UNB.
The total turnover during the first half of the session stood at around Tk 1 crore.