Stocks plunge over intensive selling pressure
Stocks
Equity indices of both the stock exchanges plummeted today as most of the shares traded during the session lost prices over intensive selling pressure.
By the end of Monday's trading session, the benchmark index DSEX of the Dhaka Stock Exchange (DSE) lost 1.03% point to settle at 5,975.
DSE Turnover, one of the major market indicators, dropped by 22% to Tk2,083.28 crore in the corresponding period.
Beximco Limited secured the apex position on the DSE turnover chart with trade worth Tk247.41 crore, although its share prices fell by 5.70% to Tk91.
National Housing Finance's share gained by 10%, while First Security Islami Bank and Exim Bank were today's top losers.
The benchmark index CASPI at the port city bourse Chittagong Stock Exchange (CSE) also lost 189 points to close at 17,317.
Earlier today, bourses reported moderate gains till 11 am.
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