Stocks nearly flat at opening as volatile trading continues
People look at stock market data. File Photo: TBS
Dhaka stocks continued to remain volatile on Tuesday as a large number of trendy scrips were under profit-booking pressure.
Although DSEX, the broad-based index of the Dhaka Stock Exchange (DSE), opened higher today, a selloff in tranches kept pushing it down while bargain hunters came to the rescue.
At 12.35 pm, the major index moved 0.04% higher to reach 6,213 points.
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Among the traded stocks, 60 scrips, mostly small-cap ones, advanced and 60 declined while over 250 of 400 scrips were stuck on the floor price without any buyer.
Meanwhile, a Tk493 crore turnover was registered in the DSE.
