Dhaka, Bangladesh (BBN) - Dhaka stocks on Tuesday open positive amid volatile trading after two-day plunge that pulled down the benchmark index to nearly two-year low.
The Dhaka Stock Exchange (DSE) General Index, DGEN, jumped 83 points in first five minutes of trading but started to slide to stand at 4631, losing 8.0 point or 0.42 percent till 12:36 pm (local time).
Shares worth BDT 688.18 million changed hands with prices of 66 issues gaining, 137 declining and 28 remaining unchanged.
In the last two days, frustrated investors staged demonstration against freefall in share prices. They called a daylong shutdown in Motijheel, the country’s commercial heart on Tuesday. But later, the strike, however, was withdrawn at night on assurance of the release of their detained leaders.
BBN/SI/SMK-24Jan12-12:52 pm (BST)