DSE trading resumes after 8-day break
Indices decline slightly
Star Business Report
Trading on Dhaka Stock Exchange (DSE) resumed yesterday after an eight-day break with indices declining slightly.Meanwhile, trading on the country's second bourse in the port city of Chittagong resumed on Monday. Although the bourses were scheduled to be opened on Sunday after a six-day Eid-ul-Fitre vacation, DSE and CSE remained closed until Monday and Sunday respectively due to volatile political situation. The fourteen-party alliance postponed its countrywide blockade programme on Monday. DSE All Share Price Index went down by 3.66 points or 0.28 percent to close at 1291.28 points while the DSE General Index declined by 0.78 points or 0.5 percent to close at 1541.65 points yesterday. However, DSE-20 Index, which comprises blue chips increased by 2.23 points or 0.17 percent to close at 1315.60 points. Gainers outnumbered the losers on the DSE. Of the total 182 issues traded, 93 advanced, 68 declined and 21 remained unchanged. A total of 35,84,517 shares worth Tk 26.12 crore changed hands. Trading on the Chittagong Stock Exchange closed lower yesterday. The CSE All Share Price Index decreased by 23.01 points or 0.62 percent to close at 3643 points while the CSE-30 Index shed by 14.12 points or 0.44 percent to close at 3160.44 points. A total of 78 issues were traded yesterday. Of them, 42 gained, 29 declined and seven remained unchanged. Some 1,390,110 shares worth Tk 4.38 crore changed hands on the CSE yesterday. Talking to the Daily Star, DSE Chief Executive Officer Salahuddin Ahmed said although there was some positive news on the market, the trading was thin. "The current volatile political situation has thrown the investors into confusion to come in the market," he said. "Though we have decided to keep the bourse open from Sunday, but we could not do so due to lack of quorum," he said. On that day, only 27 members logged into the trading system, which forced the prime bourse to remain closed, he explained. Presently, at least 78 members need to log into trading in order to fulfil the DSE quorum. "If there is no political programme from the 14-party combine after November 3, the market will be vibrant further," he hoped.
| 
