DSE, CSE plunge at opening

The prices of most of the shares at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) fell in early hours of trading on Monday, maintaining the previous day’s negative trend, the 2nd trading session of the week. DSEX, the prime index of the DSE, plunged 18.50 points or 0.37 per cent to 4,920.14 after the 1st 30 minutes of trade when the report was filed at 11am. The DS30 index, comprising blue chips, dropped 12.96 points or 0.71 per cent to 1,802.39. The DSE Shariah Index (DSES) declined 8.48 points or 0.73 per cent to stand at 1,149.37 points. DSE turnover stood at Tk 1.30 billion when the report was filed at 11am. Of the issues traded till then, 75 advanced, 75 declined and 44 remained unchanged. The new entrant – Western Marine Shipyard – was the most traded stocks with shares worth Tk 199 million changing hands till then followed by SPCL, Lafarge Surma Cement, BEDL and BBS. The port city bourse – CSE – also saw negative trend in early hours of trading amid volatility with its Selective Category Index, CSCX, losing 33.53 points to 9,295.55, also at 11am. Of the issues traded till then, 32 gained, 53 declined and 9 remained unchanged with a turnover value of Tk 90 million.