Stocks fall over investors selling pressure
DSEX dropped 13.30 points or 0.26% to settle at 4,914 till 11:30am
Indices of the both stock exchanges witnessed a negative trend over investors selling pressure in the first one-and-half-hour trading session on Wednesday.
Market insider said, "Most of the investors' selling shares while they observed that June closing companies showed poor performance and declared lower dividend."
DSEX, the key index of Dhaka Stock Exchange (DSE) dropped 13.30 points or 0.26% to settle at 4,914 till 11:30am.
The benchmark index CASPI at the Chittagong Stock Exchange (CSE) lost 8.18 points to 14,117 in the corresponding period.
Turnover, another major indicator on the DSE trading floor, stood at Tk339.49 crore during the session.
Moreover, the Shariah-based DSES index fell by 3.67 points to 1,111 and the blue-chip index DS30 gave up 6.18 points to 1,696.
Out of the 345 issues traded during the same time frame, 93 company's share prices advanced, 179 declined, and 73 remained unchanged.