Stocks tumble under selling pressure
The indices of both the stock exchanges experienced a significant decline on Sunday (8 October), owing to massive selling-off of shares.
DSEX, the Dhaka Stock Exchange (DSE) benchmark, consequently plummeted by 23.36 points to 6,238 points by 1:30pm.
Meanwhile, the port city bourse Chittagong Stock Exchange (CSE) observed a dip in its all-share price index, CASPI, losing 44 points and settling at 18487 points during the session.
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Among the stocks traded at DSE, only 11 showed gains, while 136 experienced declines and 139 remained unchanged.
By the end of the initial three-and-a-half hours, the DSE turnover stood at TK250.19 crore.
Despite the market's subdued conditions, Central Pharmaceutical emerged as the top gainer, marking a 9% increase to Tk12.1 each. Following closely were Emerald Oil Industries, gaining 5.31% at Tk117 each, and Crystal Insurance with a 1.15% increase to Tk105 each.
Miracle Industries suffered the most significant loss in the trading session.
