A slight lower opening was experienced by Dhaka stocks on June 22, after hitting a 41-month high in the previous day, as careful investors kept booking some profit on quick-gaining issues.
After last day’s sharp gain, the market opened slightly lower as the DSEX, the main index of the DSE, decreased by 10.60 points or 0.17 per cent to reach 6,114 points within the first 30 minutes of trading.
The other two DSE indices also had a negative trend with the DS30 index, which contains blue chips, shed 3.69 points to reach 2,217 and the Shariah Index (DSES) lost 2.75 points to stand at 1,302 till then.
Another pivotal indicator of the market, turnover, stood at Tk 2.65 billion within the first 30 minutes of trading.
Analysts of the market stated that the investors have adopted a careful approach during the rising trend of coronavirus cases in the country.
But, some investors continued to put fresh bets on sector-specific issues as the securities regulator lifted the floor price of all listed securities, as stated by the analysts.
Of the issues traded till then, 155 advanced, 135 declined and 55 remained unchanged on the DSE trading floor.
Makson Spinning Mills was the most traded stock till the filing of this report with shares worth Tk 270 million changing hands, closely followed by Dragon Sweater, Beximco, Paramount Textile and Orion Pharma.
However, the port city bourse, the Chittagong Stock Exchange (CSE), saw a positive trend till then with CSE All Share Price Index, CASPI, gaining 29 points to stand at 17,791, while the Selective Categories Index CSCX managing 15 points to reach 10,704.
Of the issues traded till then 51 advanced, 16 declined and 59 remained unchanged with Tk 65 million in turnover.