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Stocks witnessed mixed trends in early trading on Monday as investors mostly followed cautious stance after corporate declarations of most of the companies.
Following the previous day’s negative note, the Dhaka Stock Exchange (DSE) opened on a positive trend while the Chittagong Stock Exchange (CSE) saw a negative note.
Within the first 30 minutes of trading, the DSE key index advanced more than 2.0 points while the CSE All Share Price Index- CASPI lost more than 7.0 points at 10:30am when the report was filed.
DSEX, the prime index of the DSE, went up by 2.80 points or 0.05 per cent to reach 4,926 points at 10:30am.
The DS30 index, comprising blue chips, gained 0.61 point to reach at 1,719 and the Shariah Index (DSES) advanced 0.29 point to reach 1,117 points till then.
Market operators said the bargain hunters remained active on sector-wise stocks based on latest year-end dividend and quarter-end earnings declarations.
However, cautious investors opted for booking profits on sector-wise issues, they said.
Turnover, another important indicator of the market, stood at Tk 1.56 billion when the report was filed at 10:30am.
Of the issues traded till then, 143 advanced, 70 declined and 86 remained unchanged.
Associated Oxygen was the most traded stocks till then with shares worth Tk 107 million changing hands, closely followed by SS Steel, Beximco Pharma, Walton and Beximco.
However, the port city bourse – the Chittagong Stock Exchange – (CSE) saw a downward trend till then with CSE All Share Price Index- CASPI-losing 7.42 points to stand at 14,134, also at 10:30am.
The Selective Categories Index – CSCX also shed 4.0 points to reach 8,505 till then.
Of the issues traded till then, 44 gained, 23 declined, and 22 issues remained unchanged with Tk 45 million in turnover.
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