Stocks see downtrend at opening

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw negative trend in early hours of trading on Sunday, the opening day after a nine-day Eid vacation. DSEX, the prime index of the DSE, went down by 9.49 points or 0.21 per cent to stand at 4,417.66 points after first 30 minutes of trade when the report was filed at 11:00am. The DS30 index, comprising blue chips, lost 7.17 points or 0.44 per cent to slide to 1,619.33. The DSE Shariah Index (DSES) declined by 0.20 points or 0.02 per cent to stand at 1,004.45. DSE turnover stood at Tk 517 million when the report was filed at 11am. Of the issues traded till then, 79 advanced, 43 declined and 27 remained unchanged. Beximco Limited was the most traded stocks with shares worth Tk 152 million changing hands till then followed by Shahjibazar Power Company, ACI, FAR Chemical and Peninsula Chittagong. The port city bourse, CSE, also saw negative trend in early hour with its Selective Category Index – CSCX – losing 19.75 points to slip to 8,361.39, also at 11am. Of the issues traded till then, 25 gained, 17 declined and 11 remained unchanged with a turnover value of Tk 26.23 million.