Stocks end flat amid pre-Eid cash withdrawal pressure
Dhaka stocks opening higher faced profit booking pressure on Sunday (16 April) amid pre-Eid encashment moves by investors.
DSEX, the broad-based index of the Dhaka Stock Exchange (DSE), closed 1 point higher at 6,216.
Stockbrokers said, investors who need to withdraw some cash before the Eid holiday sold shares on Sunday as sales proceeds after that could not be withdrawn before the holidays.
The indices in the middle of the session fell sharply and bargain hunters pulled them up to make the day-neutral.
51 scrips advanced, and 56 declined.
Tk473 crore trading turnover was registered by the DSE, up from tk414 on Thursday (13 April).