Trading on the final working day of the week began on a bearish note at both the Dhaka and Chattogram bourses, with all key indices witnessing early declines in the first hour of trade on Thursday.
Bangladesh’s stock market suffers continuous decline for 5th consecutive day
At the Dhaka Stock Exchange (DSE), the benchmark DSEX index shed 19 points in the opening hour.
Among the other indices, the Shariah-based DSES dropped by 8 points, while the blue-chip DS30 index edged down by 1 point.
Despite the fall in indices, share prices of most listed companies moved slightly upwards.
Bangladesh's stock market opens on upbeat note
Of the securities traded during the first hour, prices advanced for 156 companies, declined for 100, and remained unchanged for 89.
Turnover on the DSE crossed Tk 50 crore in the first hour.
Meanwhile, the Chattogram Stock Exchange (CSE) also opened lower, with its key index down by 35 points in early trading.
Out of the 65 issues traded on the CSE, 22 gained in value, 31 declined, and 12 remained unchanged.
The turnover at the CSE exceeded Tk 40 lakh in the opening hour.