BSS, Dhaka :
DSEX, the broader price index of Dhaka Stock Exchange (DSE), edged lower on Wednesday, unable to sustain the previous day’s rally as investors took profits in blue-chips such as Beximco Limited, Grameen Phone and Lafarge Surma Cement.
The index lost 0.49 percent to end at 4553.86 even after crossing 4600-point mark in the early hours of trading.
The higher transactions of the blue-chips also brought the DS30 down by 0.38 percent to 1727.72 when the Shariah DSES declined by 0.38 percent to 1066.15.
“After weeklong bullish trend, investors seem to be booking profit while some of them are waiting to see the breaking point of the resistance rate of index at 4600 level,” Lanka Bangla Securities communed while analyzing the day’s fall.
Among scrips succumbing to profit-taking, Kay & Que fell 8.57 percent, Delta Spinning 6.06 percent, Beach Hatchery 5.80 percent and ISN Limited 5.76 percent when 167 issues incurred loss.
On the gaining sides were 87 issues, led by KPPL by 7.96 percent, Lanka Bangla by 4.69 percent, BSC by 4.57 percent, IDLC by 4.15 percent and Aamra Tech by 3.66 percent.
Thirty issues were traded in lower volume at their previous closing prices. Low level activities shed the daily trade value by 13.54 percent to Taka 642 crore when the volume fell by around 3.0 percent to 13.10 crore shares.
