BSS, Dhaka :
Dhaka stocks returned to red zone on Sunday after easing up at the close on Thursday.
All the three indices of Dhaka Stock Exchange (DSE) finished the first trading session of this week down though the falls in the price barometers were marginal.
DSEX, the general index of Dhaka Stock Exchange (DSE) finished the day only 0.65 percent lower at 4478.68 when the blue-chip DS30 closed 0.92 percent down at 1593.42 and the Shariah DSES 0.82 percent lower at 973.56.
The falls in the indices were due to decline in both turnover value and volume. The daily trade value fell to Taka 277.76 crore from Thursday around Taka 300 crore. Accordingly, the trade volume declined to 5.73 crore shares from 5.95 crore shares of the last week’s close.
Only 97 issues advanced on the first trading day of this week as market saw selling pressure. Shares of 165 companies incurred moderate to high loss when shares of 32 companies changed hands at their previous closing prices.
Dhaka Bank suffered most with over 14 percent loss at close on its ex-dividend trading. The Bank on March 17 declared 17.0 percent cash and 5.0 percent stock dividend for the year 2013, which was below the expectation of its shareholders.
Similarly, shares of IPDC fell by around 13.0 percent after it recommended 5.0 percent cash and 10.0 percent stock dividend for 2013.
The other major losing companies of the day were Apex Footwear, Apex Spinning, Apex Foods and Heidelberg Cement.
Among the day’s major advanced issues were Sonali Aansh, Karnaphuli Insurance, Ambee Pharma, Monno Jute Stafflers and Anlima Yarn. Share price of the losing company Sonali Aansh had been on unusual rise in the past few trading sessions even though the company last week told DSE authorities that it did not have any price sensitive information.
