Stocks wobble as session begins today
Stocks
Equity indices of the stock exchanges witnessed a mixed performance in the first one-and-half-hour trading session on Monday as risk-averse investors opted for quick-profits on selective shares amid increasing selling pressure.
DSEX, the key index of the Dhaka Stock Exchange (DSE) increased by 6.66 points – or 0.13 percent - to reach at 5,100 till 11:30am.
Turnover, an important indicator of the market, dropped by 9 percent to Tk506.46 crore in the corresponding period amid floor price limitation.
Out of the 355 issues traded during the same time frame at DSE, 180 company's share prices advanced, 123 declined, and 52 remained unchanged.
The most traded stock till filing of this report was Beximco Pharma with shares worth Tk221 million, closely followed by Beximco, BRAC Bank, United Power Generation & Distribution Company Ltd, Khulna Power Company Limited and Orion Infusion Ltd.
However, the benchmark index CASPI at the Chittagong Stock Exchange (CSE) declined 17.51 points to close at 14,510.
Of the total 207 issues traded till 11.30 am, 97 gained, 80 declined, and 30 issues remained unchanged with Tk98 million in turnover.
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