Trading on both stock exchanges in Bangladesh -- the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) -- began on a downward trend on Monday, the second working day of the week, with most company share prices witnessing a decline, reports UNB.
During the first hour of trading on the Dhaka Stock Exchange, the benchmark index DSEX dropped by 19 points.
The other two indices also posted losses -- Shariah-based DSES fell by 5 points, while the blue-chip DS30 index shed 9 points.
At the start of the session, the prices of most companies declined. Out of all traded securities, share prices increased for only 77 companies, while 244 saw a fall, and 65 remained unchanged.
Within the first hour, the DSE recorded share and unit transactions worth over Tk 160 crore.
Meanwhile, the Chittagong Stock Exchange also opened lower, with its overall index dropping by 38 points.
Among the 124 companies that took part in early trading on the CSE, share prices rose for 40, declined for 64, and remained unchanged for 20.
Trading on the CSE reached over Tk 13 crore in the first hour of the day.
BP English/ARK