Economic Reporter :
Stocks ended almost flat on Tuesday as most of the investors followed cautious stance amid the ongoing virus tension.
DSEX, the key index of the Dhaka Stock Exchange, went up by 2.28 points or 0.05 per cent to close at 3,960.
The DSE core index has been hovering between 3,953 and 3,969 points for the past 10 sessions as most of the investors remain reluctant to make any fresh investment amid worsening situation of the deadly virus.
Market analysts said the budget failed to meet investors’ expectations amid the growing tension over the Covid-19 pandemic. Besides, the floor price mechanism kept investors reluctant to put fresh stakes in stocks.
The worsening pandemic situation has made the market almost buyer-less in recent days as the outbreak is going to put a long-lasting adverse impact on the country’s economy.
