BSS, Dhaka :
Turnover at Dhaka Stock Exchange (DSE) remained robust on Tuesday despite price fall in the majority of the securities traded.
The daily trade value increased by 7.09 per cent to Taka 554 crore when the volume rose by 2.08 per cent to 17.66 crore shares. The daily turnover volume was the highest in the past six months after 18.06 crore shares traded on November 12, 2014.
Despite the higher activities, all the three prices indices of DSE closed the session lower, ending to the past two sessions’ strong gains because of falling shares prices on profit-booking.
DSEX fell by 22.60 points to 4326.61 when the blue-chip DS30 and the Shariah DSES came marginally down to 1622.49 and 1039.24 accordingly.
Out of traded 306 issues, 103 gained against 189 losing securities across the board when 14 were static.
“Market observed a setback as investors went for profit-booking on stocks after experiencing consecutive gain”, said Lanka Bangla Securities Limited (LBSL).
Mostly the small caps were on Tuesday’s loser’s list when the major losing sectors included bank, fuel and power, NBFI and Textile. Among the major lagging companies were ISNLTD, Generation Next, Purabi General Insurance, Prime Life and Fine Foods.
Share price of IT company ISNLTD closed 23.11 percent lower following weak corporate disclosure. The board of directors of this company did not recommend any dividend for 2014.
Turnover at Dhaka Stock Exchange (DSE) remained robust on Tuesday despite price fall in the majority of the securities traded.
The daily trade value increased by 7.09 per cent to Taka 554 crore when the volume rose by 2.08 per cent to 17.66 crore shares. The daily turnover volume was the highest in the past six months after 18.06 crore shares traded on November 12, 2014.
Despite the higher activities, all the three prices indices of DSE closed the session lower, ending to the past two sessions’ strong gains because of falling shares prices on profit-booking.
DSEX fell by 22.60 points to 4326.61 when the blue-chip DS30 and the Shariah DSES came marginally down to 1622.49 and 1039.24 accordingly.
Out of traded 306 issues, 103 gained against 189 losing securities across the board when 14 were static.
“Market observed a setback as investors went for profit-booking on stocks after experiencing consecutive gain”, said Lanka Bangla Securities Limited (LBSL).
Mostly the small caps were on Tuesday’s loser’s list when the major losing sectors included bank, fuel and power, NBFI and Textile. Among the major lagging companies were ISNLTD, Generation Next, Purabi General Insurance, Prime Life and Fine Foods.
Share price of IT company ISNLTD closed 23.11 percent lower following weak corporate disclosure. The board of directors of this company did not recommend any dividend for 2014.
