Bangladesh
3 years ago

Stocks witness mixed trend in early trading

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Stocks witnessed mixed trends in early trading on Sunday as cautious investors continued their profit booking tendency on sector-wise quick-gaining stocks.

Following the previous two days’ downturn, the Dhaka Stock Exchange (DSE) saw a downward trend while the Chittagong Stock Exchange (CSE) saw a positive trend amid lower trading activities.

Within the first 30 minutes of trading, the DSE key index fell more than 2.05 points while the CSE All Share Price Index- CASPI gained 12 points at 10:30 am when the report was filed.

DSEX, the prime index of the DSE, went down by 2.05 points or 0.04 per cent to reach 5,105 points at 10:30 am.

Two other indices also saw negative note till then. The DS30 index, comprising blue chips, lost 0.34 points to reach at 1,798 and the Shariah Index (DSES) shed 0.53 points to stand 1,180 points till then.

Turnover, another important indicator of the market, stood at Tk 1.10 billion when the report was filed at 10:30 am.

Market analysts said many investors continued their profits booking on sector-wise issues.

Of the issues traded till then, 116 advanced, 89 declined and 101 remained unchanged.

Beximco topped the turnover chart till then with shares worth Tk 172 million changing hands, closely followed by Republic Insurance, Beximco Pharma, Orion Pharma, and Walton.

However, the port city bourse – the Chittagong Stock Exchange – (CSE) saw a positive note till then with CSE All Share Price Index- CASPI-advancing 12 points to stand at 14,682, also at 10:30 am.

The Selective Categories Index – CSCX also gained 7.0 points to reach 8,844 till then.

Of the issues traded till then, 26 gained, 16 declined, and 15 issues remained unchanged with Tk 17 million in turnover.

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