DSE indices return to red zone

block
BSS, Dhaka :
The price indices of Dhaka Stock Exchange (DSE) returned to the red zone on Monday after showing strong recovery in the past two trading sessions.
The broader DSEX closed the day 26.65 points lower at 4506.55 when the blue-chip DS30 ended at 1711.57 and the Shariah DSES at 1096.37.
The daily turnover rose significantly to 6.80 crore shares worth Taka 314 crore from Sunday’s 6.07 crore shares worth of Taka 268 crore.
Most of the trading scrips finished lower on the day due to the selling spree by a large number of investors who were booking profits.
Savar Refractories that reported loss early this year was at the top of the day’s 188 lagging issues followed by Unique Hotel, United Insurance, Jute Spinning and Pioneer Insurance.
Monno Ceramic led the day’s 83 gaining scrips with Brac Bank, BSCCL, SIBL and Golden Son among the top five advancing issues.
SPCL topped the most liquid issues followed by One Bank, ACI, Ifad Autos and GP. One Bank saw higher activities on the day following its announcement of 12.50 percent cash and 12.50 percent stock dividend for 2014. Ifad Autos was also traded actively on increasing price though the company already reported that it did not have any undisclosed price sensitive information.
block