Stocks decline just a day into showing positive intent

The share trading on both the bourses witnessed a downward trend on Monday, just a day into showing positive intent after resumption of trading on Sunday.

All the indices of both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) declined on this day.

However, despite the decline in the indices, the share and unit prices of most of the companies participating in the transaction remained unchanged, said sources in the stock exchanges.

DSEX, the key index of DSE, fell 61 points to 3,999 points. Among other indices, the DSE Shariah Index (DSES) fell by 22 points, the DSE30 index by 18 points, and the CNI-DSE Select Index (CDSET) by 11 points to close the day at 930 points, 1,347 points and 794 points respectively.

However, the turnover on DSE rose by Tk 54.47 crore to Tk197.76 crore from Tk143.29 crore a day ago.

Of the traded issues in DSE, 27 gained, 70 declined and 230 remained unchanged.

Meanwhile, all the CSE indices also declined. The All Shares Price Index (CASPI) fell 128 points to 11,341 points.

Of the traded issues, 27 gained, 34 fell and 62 remained unchanged.

DSE and CSE remained closed during the government declared general holidays from March 26 to May 28, vowing to contain the spread of coronavirus.

sr/at