Economic Reporter :
Key share price indices of Dhaka Stock Exchange (DSE) dropped below 4,600 points mark again on lackluster trade that also caused price fall across the board on Tuesday, the third trading day of the
week.
DSEX lost over 41 points to close the third session of the week at 4,589.33, the lowest since July 8 last when the general indicator finished at 4,579.91.
“The market was highly driven by meticulous investors, instigating them to eye on short term profit booking, which resulted in premier index hitting almost four months low,” said IDLC Investment Limited.
The two selective indices – DS30 and DSES – also followed the prime indicators, with closing at 1,735.69 and 1,101.61 respectively. The fall in these two indices, however, was lower than the broader DSEX.
Like the previous session, large-cap securities were on the big slide, driven by low earnings reports of some listed companies. All the major sectors including bank, fuel and power, food and allied, engineering, cement, NBFI and textile suffered fall in prices, with 216 scrips closing lower. Telecom sector recovered on the day when the total number of advancing issues was only 69.
The most losing issues were OAL, Shympur Sugar, Aziz Pipes, Kay and Que and Samata Leather. The top five advancing securities were Miracle Industries, 3rd ICB, Alltex, KDS Accessories and Metro Spinning.
Key share price indices of Dhaka Stock Exchange (DSE) dropped below 4,600 points mark again on lackluster trade that also caused price fall across the board on Tuesday, the third trading day of the
week.
DSEX lost over 41 points to close the third session of the week at 4,589.33, the lowest since July 8 last when the general indicator finished at 4,579.91.
“The market was highly driven by meticulous investors, instigating them to eye on short term profit booking, which resulted in premier index hitting almost four months low,” said IDLC Investment Limited.
The two selective indices – DS30 and DSES – also followed the prime indicators, with closing at 1,735.69 and 1,101.61 respectively. The fall in these two indices, however, was lower than the broader DSEX.
Like the previous session, large-cap securities were on the big slide, driven by low earnings reports of some listed companies. All the major sectors including bank, fuel and power, food and allied, engineering, cement, NBFI and textile suffered fall in prices, with 216 scrips closing lower. Telecom sector recovered on the day when the total number of advancing issues was only 69.
The most losing issues were OAL, Shympur Sugar, Aziz Pipes, Kay and Que and Samata Leather. The top five advancing securities were Miracle Industries, 3rd ICB, Alltex, KDS Accessories and Metro Spinning.
