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Stocks witness mixed performance over sales pressure

Stocks

TBS Report
04 August, 2020, 12:35 pm
Last modified: 04 August, 2020, 02:25 pm

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Stocks witness mixed performance over sales pressure

DSEX, the prime index of the DSE, went down by 1.81 points – or 0.04 percent - to reach at 4,269

TBS Report
04 August, 2020, 12:35 pm
Last modified: 04 August, 2020, 02:25 pm
TBS Photo
TBS Photo

Indices of both stock exchanges witnessed mixed performance due to some profit booking efforts in the first half and one-hour of today's trading session.

Subsequently, turnover on the Dhaka Stock Exchange (DSE) trading floor increased 4 percent to Tk322.35crore till 12pm.

During the early session, DSEX, the prime index of the DSE, went down by 1.81 points – or 0.04 percent - to reach at 4,269.

The Shariah-based DSES index gained 0.61 points to settle at 993, and the blue-chip index DS30 fell by 1.69 points to stand at 1,441.

Out of the 346 issues traded in the same time frame, 115 company's share prices advanced, 135 declined, and 96 remained unchanged.

Moreover, the benchmark index CASPI at the Chittagong Stock Exchange (CSE) has increased 7.93 points to close at 12,130.

According to a brokerage firm's review, the indices experienced selling pressures due to the investors' inclination to profit booking, as they have taken up a cautious stance over the long term impact of Covid-19 on the macro-economy of the country, which has hit banks' interest rate, FDI, private savings and investments.

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stocks / Witness / mixed performance / Sales / Exchange

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