Most share prices on the country's premier bourse declined on Wednesday undergoing severe ups and downs, despite the general index showing a positive mode.
Though gaining massively in value in early trading, the general index of Dhaka Stock Exchange (DGEN) dropped near the closing of the market and ended the day with a modest 26-point increase to reach 4,695.
Of the issues traded, 74 gained, 173 declined, while eight remained unchanged.
Total trade was 1,51,345 while total transaction Tk 535.88 crore.
After opening at 11:00am, the country's premier bourse took a sharp plunge and registered a 13-point loss in five minutes after day's trading resumed on Wednesday.
The index however saw a climb in next 10 minutes to add back over 40 points and then fell again. The downtrend continued till 11:25am.
It again took another upward flight that continued for the next 25 minutes to add about 80 points. Then it witnessed a fall till 12:05pm.
After that, the DGEN mounted again to reach the day’s highest value of 4,791 points at 1:15pm.
Since then, the index started to fall and gradually lost all the gains it made in the day to close the day at a modest 4,791 points.
On Tuesday, the DGEN gained 147 points to close at 4,668 points.
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