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The Financial Express

Stocks open mixed amid choppy trading

| Updated: February 18, 2021 15:53:42


Traders, wearing masks, monitoring stock price movements on computer screens at a brokerage house in the capital city — FE/Files Traders, wearing masks, monitoring stock price movements on computer screens at a brokerage house in the capital city — FE/Files

Stocks witnessed a mixed trend in the early trading on Wednesday as investors mostly followed a cautious stance amid lack of clear direction.

Following the previous day’s marginal fall, the Dhaka Stock Exchange and the Chittagong Stock Exchange saw mixed trends this morning amid volatile trading.

Within the first hour into trade, DSEX advanced 2.40 points while the CSE All Share Price Index (CASPI) of port city’s bourse lost 17 points at 11:00 when the report was filed.

DSEX, the prime index of the DSE, went up by 2.40 points or 0.04 per cent to stand at 5,526 points till then.

Two other indices, however, saw a negative trend till then. The DS30 index, comprising blue chips fell 6.71 points to reach 2,139 and the Shariah Index (DSES) lost b1.05 points to stand at 1,251 points till then.

Turnover, another important indicator of the market, stood at Tk 2.85 billion within the first hour of trading at 11:00am.

Of the issues traded till then, 99 advanced, 100 declined and 97 remained unchanged.

Beximco - the flagship company of Beximco Group- was the most traded stock till filing of this report with shares worth Tk 709 million changing hands, followed by Beximco Pharma, BATBC, Robi and LankaBangla Finance.

The Chittagong Stock Exchange (CSE) saw a negative note with the CASPI losing 17 points to stand at 15,990, also at 11:00 am.

Of the issues traded till then, 37 gained, 44 declined, and 21 issues remained unchanged with Tk 65 million in turnover.

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