Bangladesh Stock Market: Early gains fade as indices dip in second hour
Staff Correspondent
Both the Dhaka and Chattogram stock markets opened higher on the fourth trading day of the week on Tuesday, but the early gains were short-lived as indices fell in the second hour of trading.
The majority of listed companies saw a decline in share prices by mid-session.
During the first half of the trading session, the benchmark index of the Dhaka Stock Exchange (DSE) dropped by 7 points.
Of the other two indices, the Shariah-based DSES also declined, while the DS30 index — which tracks blue-chip shares — edged down by 2 points.
Out of the companies that participated in trading, share prices rose for 129, while 164 experienced a fall, and 89 remained unchanged.
Trading value at the DSE crossed Tk 140 crore during the first half of the session.
The scenario was similar at the Chattogram Stock Exchange (CSE), where the overall index shed 4 points.
Of the 102 companies traded at the CSE, prices rose for 38, fell for 44 and remained unchanged for 20.
During the first half of the session, shares and units worth over Tk 3 crore were traded on the CSE.
