Business Desk :
Profit-taking selling shed the upward trend in Dhaka Stock Exchange (DSE) and took the price indices marginally down on Tuesday’s close.
DSEX, the broad-based DSE index, finished the day 0.35 percent or 16.96 points lower at 4809.54 when the Sharia-based index DSES fell by 0.81 percent or 1.81 points to 979.71 and the blue-chips DS30 inched down to 1663.69.
The indices came to the red zone after witnessing a steady rise in the past four consecutive trading sessions since Wednesday. However, DSE showed bullish trading in the past five weeks with little exception for few days. The benchmark DSEX index reached to its new high on Monday before Tuesday’s fall.
Stockbrokers said indices declined only for few days in the past few weeks when many investors sold their shares for profit-taking, which is a common practice on stock market.
The profit-taking selling resulted in fall of share prices across the board. Out of traded 192 issues, 112 advanced, 163 declined and 17 remained static.
