Economic Reporter :
Country’s capital bourse, Dhaka Stock Exchange (DSE) closed Wednesday trading sessions with a downbeat, as investors remained cautious for lack of confidence for the fluctuation of indexes.
So many investors showed movement to liquidate their holding from telecom, bank, textile, financial institution and food sectors stocks to avoid further losses on their portfolio.
However, fuel and power, pharmaceutical and mutual fund sectors gained the investors’ attention in the session, according to a market analyst, International Leasing Securities.
At Dhaka Stock Exchange (DSE), the broad index, DSEX closed in red at 4936.37 points with a loss of 13.02 points or 0.26 percent from the previous day.
In addition, the two selective indices, DSE30 also declined slightly by 1.24 points while the Shariah index, DSES decreased by 3.89 points to stand at 1758.50 points and 1136.31 points respectively.
On the DSE trading floor, a total number of 104,570 trades were executed in today’s trading session with a trading volume of 109.51 million securities generating a turnover of Taka 3,460.35 million.
Losers took a strong lead over the gainers as out of 354 issues traded, 108 securities gained price while 209 declined and 37 remained unchanged.
Most of the sectors witnessed correction today. Among the major sectors based on market capitalization-telecom (-1.1%), bank (-0.7%), textile(-0.5%) and financial institution (-0.3%) sectors witnessed price correction while fuel and power (0.9%), pharma (0.1%) and mutual fund (1.1%) sectors achieved price appreciation in the day’s session.
Country’s capital bourse, Dhaka Stock Exchange (DSE) closed Wednesday trading sessions with a downbeat, as investors remained cautious for lack of confidence for the fluctuation of indexes.
So many investors showed movement to liquidate their holding from telecom, bank, textile, financial institution and food sectors stocks to avoid further losses on their portfolio.
However, fuel and power, pharmaceutical and mutual fund sectors gained the investors’ attention in the session, according to a market analyst, International Leasing Securities.
At Dhaka Stock Exchange (DSE), the broad index, DSEX closed in red at 4936.37 points with a loss of 13.02 points or 0.26 percent from the previous day.
In addition, the two selective indices, DSE30 also declined slightly by 1.24 points while the Shariah index, DSES decreased by 3.89 points to stand at 1758.50 points and 1136.31 points respectively.
On the DSE trading floor, a total number of 104,570 trades were executed in today’s trading session with a trading volume of 109.51 million securities generating a turnover of Taka 3,460.35 million.
Losers took a strong lead over the gainers as out of 354 issues traded, 108 securities gained price while 209 declined and 37 remained unchanged.
Most of the sectors witnessed correction today. Among the major sectors based on market capitalization-telecom (-1.1%), bank (-0.7%), textile(-0.5%) and financial institution (-0.3%) sectors witnessed price correction while fuel and power (0.9%), pharma (0.1%) and mutual fund (1.1%) sectors achieved price appreciation in the day’s session.
