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Stocks opened with a mixed trend on Tuesday with high volatility as investors were active on both sides of the trading fence amid ongoing earnings disclosures.
The market observed volatility initially as buyers and sellers remained active on both sides of the trading fence to grab the realm of the market momentum based on the earnings disclosures, market operators said.
Following the previous day’s fall, the prime index of the Dhaka Stock Exchange (DSE), went up by 3 or 0.05 per cent to 5,303 at 11:00 am, when the report was filed.
The DS30 index, a group of 30 prominent companies, however, lost 3 points to 1,960 while DSES index, which represents Shariah-based companies, saw a fraction loss of 0.98 points to 1,170.
Turnover, another important indicator of the market, stood at Tk 1.38 billion till then.
Of the issues traded till then, 174 advanced, 122 declined, and 71 issues remained unchanged on the DSE trading floor till then.
Sonali Aansh was the most traded stock till then with shares worth Tk 103 million changing hands following its corporate declaration.
The Chittagong Stock Exchange saw downturn till then with its All Shares Price Index (CASPI)—losing 24 points to stand at 14,793 while the Selective Categories Index – CSCX dropped 9 points to reach 9,009 till then.