Bangladesh
5 months ago

Stocks down at opening amid cautious trading

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Stocks witnessed downward trend in early trading on Tuesday as investors went on selling binge to pocket short-term profit.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), slid more than 33 points or 0.58 per cent to 5,667 within the first hour of trading at 11:00 am, when the report was filed.

The blue-chip DS30 index, a group of 30 prominent companies, also lost 13 points to 2,075 and the DSES index, which represents Shariah-based companies, fell 9 points to 1,211 till then.

Turnover, another important indicator of the market, stood at Tk 2.10 billion till then.

Of the issues traded till then, 209 declined, 127 advanced, and 35 issues remained unchanged on the DSE trading floor till then.

GP was the most traded stock till then with shares worth Tk 290 million changing hands.

The Chittagong Stock Exchange also saw a downturn with its All Shares Price Index (CASPI)—losing 78 points to stand at 16,297 while the Selective Categories Index – CSCX lost 48 points to reach 9,816.

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