Stocks down at opening

Thereport24.com Correspondent, Dhaka:

The prices of most of the shares on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw downward trend in the early hours of trading on Monday.

DSEX, the prime index of the DSE, went down by 16.88 points or 0.37 percent to 4,519.50 after the first 30 minutes of trade at 11:00am.

The DSE Shariah Index (DSES) lost 0.95 points or 0.08 percent to 1,103.93 stand at points.

However, the DS30 index, comprising blue chips, gained 0.20 points or 0.01 percent to 1,709.61.

DSE turnover stood at Tk 488 million when the report was filed.

Of the issues traded till then, 57 advanced, 107 declined and 41 remained unchanged.

GP was the most traded stocks with shares worth Tk 60m changing hands till then followed by SPCL, IFAD Autos, ONE Bank and Summit Port Alliance.

The port city bourse – CSE – also saw downward trend in the morning with its Selective Category Index -- CSCX – losing 21.44 points to 8,363.89, also at 11:00am.

Of the issues traded till then, 24 gained, 45 declined and 14 remained unchanged with a turnover value of Tk 24m.

Ends/thereport24.com/MI/Mar 16, 2015