DSE, CSE stumble at opening

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed downward trend in the early hours of trading on Wednesday.DSEX, the prime index of the DSE went down by 3.61 points or 0.07 percent to 4,645.68 after the first 30 minutes of trade at 11:00am.

However, the two others indices of the DSE saw positive trend.The DS30 index, comprising blue chips, gained 11.53 points or 0.66 percent to 1,741.44.The DSE Shariah Index (DSES) advanced 6.58 points or 0.58 percent to reach 1,122.34 points.

DSE turnover stood at Tk 562 million till that time.Of the issues traded till then, 69 advanced, 78 declined and 44 remained unchanged.

Shahjibazar Power Company was the most traded stocks with shares worth Tk 192.56m changing hands till then followed by Lafarge Surma, IFAD Autos, Shasha Denims and ACI.

The port city bourse – CSE – also saw negative trend in the morning with its Selective Category Index -- CSCX – losing 29.92 points to 8,584.23, also at 11:00am.

Of the issues traded till then, 21 gained, 54 declined and 14 remained unchanged with a turnover value of Tk 39m.

- See more at: http://english.thereport24.com/?page=details&article=24.18687#sthash.EPTuu9y7.dpuf