Stocks drop in first two hours of trading

Today, stocks dropped in the first two hours of trading after yesterday's slight rising movement.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), fell 34 points, or 0.63 percent, to 5,349 till 12.06 pm.

The DS30, the index for the blue chip stocks, down 8 points, or 0.46 percent, to 1,912.

At the same time, DSES, the shariah based companies' index, decreased 9 points, or 0.78 percent, to 1,168.

Turnover of the DSE stood at Tk 233 crore. Of the traded issues, 49 stocks advanced, 287 declined and 48 remained the same.