The indices of the country’s stock exchanges plunged in the initial session till 11:30 am on Monday (12 September) as large capital stocks witnessed a sharp fall due to profit book sell pressure by the investors.
During the first session, the key index DSEX of the Dhaka Stock Exchange (DSE) lost 6 points to settle at 6,532.
The port city bourse Chittagong Stock Exchange (CSE) all share price index CASPI fell 26 points to 19,233.
Till 11:30, the DSE turnover stood at Tk673 crore, which was slightly higher than the previous day’s session.
Despite the selling pressure, 157 scripts advanced, 80 declined and 135 remained unaltered.
Market insiders said, since the initial session large-cap stocks such as Beximco, Orion have faced sell pressure for booking quick profits.
But weak companies, particularly non-bank monetary foundations sectors saw a sharp rise without any reason.
