Stocks open positive despite selling pressure
Risk-averse investors opted for quick-profits on selective shares despite selling pressure
Indices of the country's two main bourses posted gain after early hours of decline, as risk-averse investors opted for quick-profits on selective shares despite selling pressure.
After the first one-and-half-hour of trading, Dhaka Stock Exchange's key index (DSEX) went up by 5.30 points, while the benchmark index CASPI at the Chittagong Stock Exchange (CSE) advanced 35 points to stand at 12,917.
DSEX, the prime index of the DSE, increased 0.11% to stand at 4,550 points till the report was filed at 11.30am.
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Moreover, the blue-chip index DS30 rose by 7.67 points to reach at 1,548 and the Shariah Index gained 6.66 points to stand at 1,064.
Turnover, one of the important indicators of the market, increased 4 percent to Tk478.79 crore during the same time frame.
Today at DSE, a total of 352 issues were traded, of which - 131 company's share prices advanced, 170 declined and 51 issues prices are unchanged.
