Stocks see downward trend at opening

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed downward trend in early hours of trading on Monday amid fluctuation. DSEX, the prime index of the DSE, went down by 2.46 points or 0.05 per cent to stand at 4,476.21 points within first 30 minutes of trading when the report was filled at 11am. The DS30 index, comprising blue chips, went down by 1.16 points or 0.07 per cent to reach at 1,592.26 points. The DSE Shariah Index (DSES) lost 0.98 points or 0.10 per cent to stand at 972.58 points. DSE turnover stood at Tk 322 million when the report was filed at 11am. Of the issues traded till then, 77 advanced, 76 declined and 38 remained unchanged. Lafarge Surma Cement was the most traded stocks with shares worth Tk 31.33 million changing hands till then followed by Beach Hatchery, National Tubes and Eastern Housing Ltd. The port city bourse – the CSE – also witnessed negative trend at opening with its Selective Category Index --- CSCX losing 14.05 points or 0.16 per cent to stand at 8,675.33 points, also at 11am. Of the issues traded till then, 28 gained, 27 declined and 7 remained unchanged with a turnover value of Tk 21.82 million.