DSEX sinks below 4,700-mark again

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Economic Reporter :
Country’s premier bourse, Dhaka Stock Exchange (DSE) on Sunday witnessed a plunge as the investors rushed to bag some profits on the stocks which witnessed price surge in the last few sessions.
The broad index, DSEX closed at 4688.42 points on Sunday with a loss of 18.23 points or 0.38 percent.
Besides, the two selective indices, Blue Chip index, DSE30 and the Shariah index, DSES also went down by 12.46 points and 5.94 points to settle at 1638.16 points and 1075.82 points respectively.
On the DSE trading floor, a total number of 124,443 trades were executed in today’s trading session with a trading volume of 134.37 million securities.
Loser took a strong lead over the gainer as out of 338 issues traded, 138 securities gained price while 167 declined and 33 remained unchanged.
The major sectors witnessed mixed performance today. Among the major sectors based on market capitalization – telecom (-5.0%), bank (-0.8%), fuel & power (-0.2%) and financial institution (-0.5%) sectors witnessed price correction while engineering (1.3%), textile (1.8%), food (1.0%) and paper (5.0%) sectors achieved price appreciation.
The investors’ activity was mostly centered on general insurance (16.2%), engineering (15.9%) and pharma (15.8%) sectors. The top 10 gainers were National Feed Mill, Apex Tannery, Sayham Textile, Queen South Textile, Al-haj Textile, Silva Pharmaceutical, Yeakin Polymer, Tosrifa Industries, Desh Garments and Aman Cotton.
Beacon Pharma topped the turnover chart followed by National Tubes, Sonarbangla Insurance, Grameenphone, VFS Thread BBS Cables, Asia Insurance, Silva Pharmaceutical, BSCCL and Kattali Textile. The top 10 losers were Safko Spinning, Confidence Cement, Meghna Condense Milk, Zeal Bangla Sugar Mill, Bangladesh Building System, CAPM BDBL Mutual Fund, Shyampur Sugar Mill, ICB Islami Bank, Premier Cement and Grameenphone.
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