Stocks close flat

Stock prices in the domestic market closed flat yesterday, the last trading session ahead of Eid-ul-Azha, as most investors were in a cautious stance, according to analysts.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), remained almost unchanged from the previous trading session at 6,366.

The stocks edged flat after a bumpy ride as most investors have become cautious amid a global hike in fuel prices and its possible impact on the economy, International Leasing Securities said in its daily market review.

So, investors remained shaky and reluctant to make fresh investments in stocks ahead of the Eid vacation," it added.

At the DSE, 166 stocks advanced, 149 dropped and 63 remained the same.

Thanks to increased investor participation, turnover of the premier bourse rose to Tk 788 crore from the previous day's Tk 746 crore.