Indices trade flat at opening
Turnover on the Dhaka Stock Exchange's trading floor stood at Tk98.03 crore till 12:00pm
DSEX, the benchmark index of the premium bourse Dhaka Stock Exchange (DSE) witnessed a flat trade during the early hours today, while the key index of Chittagong Stock Exchange (CASPI) posted modest loss.
According to a brokerage firm review, the country's two main bourses have been experiencing mixed performances stirred by the ongoing pandemic situation and floor price system.
"Shaky investors remained cautious and bided their time ahead of the announcement of the Monetary Policy Statement declaration by the central bank," it added.
Moreover, the ongoing quarterly earning declarations from several scripts have failed to meet investor's expectation which declined market participation.
In the first one-and-half-hour session, DSEX slightly increased by 0.70 points – or 0.017 percent - to reach at 4,077.
However in the corresponding period, the Shariah-based DSES index lost 0.36 points to settle at 945 and the blue-chip index DS30 went down by 0.25 points to stand at 1,371.
Turnover on the Dhaka Stock Exchange's trading floor stood at Tk98.03 crore till 12:00pm.
Out of the 317 issues traded during the same time frame, 89 company's share prices advanced, 56 declined, and 172 remained unchanged.
Meanwhile, the benchmark index CASPI at the Chittagong Stock Exchange (CSE) lost 3.16 points to close at 11,604.