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Stocks witnessed sharp declines in early trading on Tuesday as investors went on a selling binge to pocket the short-term profit.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), slid more than 110 points or 1.86 per cent to 5,822 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 43 points to 2,110 and the DSES index, which represents Shariah-based companies, fell 20 points to 1250.
Turnover, another important indicator of the market, stood at Tk 3.67 billion.
Of the issues traded till then, 328 declined, 52 advanced, and 11 issues remained unchanged on the DSE trading floor.
Unilever Consumer Care was the most traded stock with shares worth Tk 304 million changing hands.
The Chittagong Stock Exchange (CSE) also saw a downturn with its All Shares Price Index (CASPI)—losing 221 points to stand at 16,936 while the Selective Categories Index – CSCX lost 136 points to reach 10,197 till then.
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