Stocks witnessed almost flat in early trading on Thursday as the investors are closely eyeing on national budget unveiled today.
The growing virus tension and the floor price limitation also kept the investors worried.
Within first 30 minutes of the trading, DSEX saw 1.02 points gain while the Selective Category Index of port city bourse advanced 1.68 points at 11:00 am when the report was filed.
DSEX, the prime index of the DSE, went up by 1.02 points or 0.02 per cent to stand at 3,967 points at 11:00 am.
Two other indices also almost stagnated till then. The DS30 index, comprising blue chips advanced 0.19 points to 1,332. The DSE Shariah Index (DSES) gained 0.37 point to stand at 919 points.
Turnover, the important indicator of the market, stood at only Tk 110 million when the report was filed at 11:00 am.
Market operators said the lack of institutional buyers coupled with the current floor price limitation is preventing many investors from buying and selling shares, taking the market in almost stagnated situation.
Most of the shares were remained stuck at the trading floor due to floor price limitations.
Of the issues traded till then, only 21 advanced, 12 declined and 143 remained unchanged.
Beximco Pharma was the most traded stocks till then with shares worth Tk 28 million changing hands, followed by Indo-Bangla Pharma, Central Pharma, GP, and Beximco.
The Chittagong Stock Exchange also saw slight gain till then with its All Shares Price Index (CASPI)—gaining 2.50 points to reach at 11,261 and the Selective Categories Index - CSCX –advancing 1.69 points to finish at 6,822 at 11:00 am.
Of the issues traded till then, 7 gained, 6 declined and 36 remained unchanged on the CSE with turnover of Tk 3.50 million.
babulfexpress@gmail.com