Dhaka stocks finished flat on Wednesday as investors opted to observe the market trend after the launch of a new trading system at the Dhaka Stock Exchange today.
The key index of the DSE, DSEX, closed at 4,943.72 points, shedding 0.31 points or 0.01 per cent. Market operators said investors might have decided to go slow ahead of the launch of the trading system.
An anticipation of slow market movement was another reason for the day’s flat ending, they said.
The DSE on Wednesday at a press conference during the trading hours announced that the new trading system of the bourse developed by FlexTrade, a
US-based multinational company, would be launched today.
Besides, increase in share prices of some large capitalised companies including Grameenphone helped the market to remain flat, operators said.
They said low participation of institutional and large-scale investors was another reason for the sluggishness at the market.
DS30, the blue-chip index of the DSE, finished at 1,827.06 points, adding 0.23 per cent or 4.27 points.
The Shariah index of the bourse, DSES, rose margin
-With New Age input
