DSE saw a massive correction today

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DSE saw a massive correction today

Stocks reached a two-month low amid ongoing market fluctuations, with 79 stocks advancing, 270 declining, and 48 remaining unchanged.

On April 13, the DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), fell by 0.68%, marking a two-month low as investor engagement also decreased. The index dropped 35 points, closing at 5,169, while the blue-chip index, DS30, decreased by 15 points to finish at 1,911. The last time the DSEX was at such a low was on February 9, when it reached 5,165.

The total turnover value also saw a decline of 23%, amounting to Tk414 crore. Bangladesh Shipping Corporation led the turnover with a trading value of Tk28.50 crore, followed by Beximco Pharma, Uttara Bank, and Eastern Lubricants.

Eastern Cable recorded the highest gain, with a 9.94% increase in its share price, followed by Wata Chemical, Heidelberg Materials, and Ambee Pharma. Prime Bank was noted as the top loser for the day.

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