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The Financial Express

Stocks open week on mixed trend

| Updated: September 27, 2022 10:31:22


Stocks open week on mixed trend

Stocks witnessed mixed trends at opening on Sunday as investors were active on both sides of the trading fence.

Following the previous week’s positive trend, DSEX, the prime index of the Dhaka Stock Exchange, went up by 1.32 points or 0.02 per cent to stand at 6,565, after the first two hours of trading at 11:30 am.

Two other indices saw negative trends till then. The DS30 index, comprising blue chips, fell 12.04 points to 2,353 and the DSE Shariah Index (DSES) shed 2.0 points to 1,433.

Turnover, another important indicator of the market, stood at Tk 9.64 billion after the first two hours of trading.

Market insiders witnessed some volatility as investors were active on both sides of the trading fence.

The risk-averse investors realised some profits on selective stocks and some investors were busy reshuffling their portfolio ahead of dividend declarations by June-closing companies, said a broker.

Of the issues traded till then, 139 advanced, 65 declined and 160 issues remained unchanged on the DSE trading floor.

Orion pharma became the most traded stock till then with shares worth Tk 949 million changing hands.

The Chittagong Stock Exchange also saw volatility after two hours of trading with its All Shares Price Index (CASPI)—gaining 17 points to stand at 19,362 while the Selective Categories Index – CSCX gained 10 points to reach 11,606, also at 11:30 am.

Of the issues traded till then 83 advanced, 47 declined and 68 remained unchanged with turnover of Tk 904 million.

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