Economic Reporter :
Country’s premier bourse, Dhaka Stock Exchange (DSE) on Wednesday registered a sharp downbeat after witnessing volatility over the last three sessions as the investors were closely eyeing on the sector specific stocks ahead of the year-end dividend adjustment.
In line with the previous session, the market opened with a positive note and added 10 points within the half an hour, but the shaky investors’ selling spree wiped out the early gains later.
In addition, the risk-averse investors’ profit booking sell off in bank, financial institutions, food, pharma and engineering sectors stocks pushed the prime index down by 30 points.
The broad index, DSEX closed at 4691.93 points on Wednesday with a sharp fall of 30.43 points.
However, the opportunist investors exposed their buying interest on life insurance, textile and general insurance sectors in expectation of better return.
Trading activities in the day increased by 6.7 percent over last session as the investors took position on lucrative price levels.
Besides, the two selective indices, Blue Chip index, DSE30 and the Shariah index, DSES also went down by 15.91 points and 10.94 points to settle at 1645.30 points and 1075.44 points respectively.
The top ten traded stocks captured around 31.2 percent of the day’s total turnover where GP led the list with 5.3 percent gain.
Country’s premier bourse, Dhaka Stock Exchange (DSE) on Wednesday registered a sharp downbeat after witnessing volatility over the last three sessions as the investors were closely eyeing on the sector specific stocks ahead of the year-end dividend adjustment.
In line with the previous session, the market opened with a positive note and added 10 points within the half an hour, but the shaky investors’ selling spree wiped out the early gains later.
In addition, the risk-averse investors’ profit booking sell off in bank, financial institutions, food, pharma and engineering sectors stocks pushed the prime index down by 30 points.
The broad index, DSEX closed at 4691.93 points on Wednesday with a sharp fall of 30.43 points.
However, the opportunist investors exposed their buying interest on life insurance, textile and general insurance sectors in expectation of better return.
Trading activities in the day increased by 6.7 percent over last session as the investors took position on lucrative price levels.
Besides, the two selective indices, Blue Chip index, DSE30 and the Shariah index, DSES also went down by 15.91 points and 10.94 points to settle at 1645.30 points and 1075.44 points respectively.
The top ten traded stocks captured around 31.2 percent of the day’s total turnover where GP led the list with 5.3 percent gain.
