Stocks witnessed almost flat in early trading on Monday as the proposed budget failed to meet investors’ expectations.
The growing tension over the Covid-19 scares and floor price mechanism also kept the investors in the side lines.
Within 30 minutes of trading, DSEX fell more than 0.88 point while the CSE All Share Price Index (CASPI) of port city’s bourse lost 7.0 points at 11:00 am when the report was filed.
DSEX, the prime index of the DSE, went down by 0.88 points or 0.02 per cent to stand 3,963 points at 11:00 am.
The DSE core index is hovering at 3,960 points in the last few sessions as most of the investors are reluctant to make any fresh investment in stocks amid worsening situation of the deadly virus.
Two other indices also saw fractional loss till then. The DS30 index, comprising blue chips, fell 0.50 points to reach at 1,328 and the DSE Shariah Index lost 0.60 points to stand at 918 points till then.
Turnover, the important indicator of the market, stood at Tk 121 million on DSE when the report was filed at 11:00am.
Jamuna Bank was the most traded stocks till then with shares worth Tk 15 million changing hands, closely followed by Beximco Pharma, BSCCL, Central Pharma and National Bank.
The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw downturn till then with CSE All Share Price Index- CASPI-losing 7.0 points to stand at 11,252 points, also at 11:00am.
The Selective Category Index – CSCX – also fell 4.0 points to stand at 6,817 points till then.
Of the issues traded till then, 4 advanced, 6 declined and 27 issues remained unchanged with Tk 5.0 million in turnover.
