UNB, Dhaka :
Key share price index at the country’s twin bourses-Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) — suffered loss on Thursday, the last trading day of the week, after three successive days of gain.
IDLC Finance said, “The preference to book profit, beyond three running sessions up tone, pulled down the market. Additionally, the reporting of poor recovery in default loans and increased classified loans in baking industry hit today’s market sentiment, too.”
“Hence, investors got frightened on overall economic future, pursuing cashing out tendency. In line with that, increased sell pressure hit indices,” the investment bank added. The DSE benchmark index, DSEX lost 30.15 points or nearly 0.60 percent to close at 4961.85 on the day. Of the 305 issues traded, 110 gained, 160 suffered loss and 35 remained unchanged.
The value of the traded issues was Tk 513.49 crore at the DSE on Thursday as against Tk 516.53 crore on Wednesday.
The day’s top 10 losers at the DSE were Khan Brothers PP Woven Bag Industries, Rahim Textile, Savar Refractories, Sonali Aansh, Aramit, Nitol Insurance, Western Marine Shipyard, BD Autocars, Provati Insurance, and Desh Garments.
Key share price index at the country’s twin bourses-Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) — suffered loss on Thursday, the last trading day of the week, after three successive days of gain.
IDLC Finance said, “The preference to book profit, beyond three running sessions up tone, pulled down the market. Additionally, the reporting of poor recovery in default loans and increased classified loans in baking industry hit today’s market sentiment, too.”
“Hence, investors got frightened on overall economic future, pursuing cashing out tendency. In line with that, increased sell pressure hit indices,” the investment bank added. The DSE benchmark index, DSEX lost 30.15 points or nearly 0.60 percent to close at 4961.85 on the day. Of the 305 issues traded, 110 gained, 160 suffered loss and 35 remained unchanged.
The value of the traded issues was Tk 513.49 crore at the DSE on Thursday as against Tk 516.53 crore on Wednesday.
The day’s top 10 losers at the DSE were Khan Brothers PP Woven Bag Industries, Rahim Textile, Savar Refractories, Sonali Aansh, Aramit, Nitol Insurance, Western Marine Shipyard, BD Autocars, Provati Insurance, and Desh Garments.
