DSE, CSE open red amid volatility

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed downward trend amid modest see-saw in early hours of trading on Monday, the second trading day of the week. DSEX, the prime index of the DSE, went down by 1.27 points or 0.02 per cent to stand at 4,497.07 points after first 30 minutes of trade when the report was filled at 11am. The DS30 index, comprising blue chips, down 1.97 points or 0.12 per cent to stand at 1,643.05 points. However, the DSE Shariah Index (DSES) advanced 0.29 points or 0.02 per cent to reach 1,004.39 points at that time. DSE turnover value stood at Tk 738 million when the report was filed at 11am. Of the issues traded till then, 97 advanced, 49 declined and 40 remained unchanged. LankaBangla Finance was the most traded stocks with shares worth Tk 64.22 million changing hands till then followed by CVO Petrochemical Refinery, Matin Spinning, BSCCL and Appollo Ispat. The port city bourse – CSE – also saw downward trend at opening with its Selective Category Index -- CSCX losing 4.82 points to stand at 8,664.84 points, also at 11am. Of the issues traded till then, 28 gained, 32 declined and 10 remained unchanged with a turnover value of Tk 44.85 million.