Stocks edge down amid mounting sales pressure
DSEX decreased by 4.50 points – or 0.09 percent - to reach at 4,973, while CASPI declined 39 points to close at 14,180 in the corresponding period till 11:30am
Equity indices of the country's two prime bourses have witnessed a downward trend in the first one-and-half-hour trading session on Wednesday amid selling pressure, as risk-averse investors sold shares for some quick gains.
DSEX, the prime index of Dhaka Stock Exchange (DSE) decreased by 4.50 points – or 0.09 percent - to reach at 4,973 till 11:30am.
Moreover, the shariah index DSES lost 1.45 points to settle at 1,148 and the blue-chip index DS30 lowered by 4.50 points to stand at 1,729.
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Turnover, an important market indicator, on the DSE trading floor slightly dropped by 5 percent to Tk443.72 crore in the corresponding period amid floor price limitation.
Out of the 349 issues traded during the same time frame, 167 company's share prices advanced, 138 declined, and 44 remained unchanged.
Meanwhile, the benchmark index CASPI at the Chittagong Stock Exchange (CSE) declined 39 points to close at 14,180.
