Stocks continue to fall as 301 companies report no buyer
The total trade on DSE trading floor reached to only Tk27.30 crore by 12:00pm
The key indices of the country's two main bourses have continued its downward trend for the third consecutive day since lockdown lifted amid fears of coronavirus infection which crossed 50,000-mark yesterday.
Under the current circumstances, most investors are not interested to buy 301 company's share due to floor price limitation.
Some brokerage official said, "Many investors want to sell their shares in floor price but the floor price of each share is much higher within last five days average price. Therefore, buyers are not interested to invest on higher floor price."
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However, indices jumped sharp over the floor price on May 31 as trading resumed after two months of shutdown due to coronavirus outbreak.
In the first one-and-half-hour of the trading, DSEX, the key index of Dhaka Stock Exchanges (DSE), decreased 0.15% or 6 points to reach at 3963.
The blue chip index DS30 also dropped by 1.72 points to 1328 and shariah index DSES dropped by 0.98 points to 919.
Most of the issues or 218 company's share prices have remained unchanged, while only 12 increased and 42 declined.
The total trade on DSE trading floor reached to only Tk27.30 crore by 12:00pm.
Besides, the port city bourse Chittagong Stock Exchange (CSE) key index also declined at the same time frame today. CASPI, the key index of CSE has declined 22 points to reach at 11,238.
