DSEX toil to close above 4400-point mark

block
Economic Reporter :
The broader index of Dhaka Stock Exchange (DSE) struggled to maintain its position at upper psychological level as market saw sale pressure throughout the day.
The index broke the 4450 resistance level at the first post-budget trading session Sunday, but recovered some strength in the last hour of the trading session.
The index finally finished the second session of the week by 14.96 points down at 4,410.93, with the blue-chip DS30 and Shariah DSES falling marginally to 1083.73 and 1737.26 accordingly.
The day’s trade value decreased to Taka 282.63 crore from Sunday’s Taka 307.87, while the trade volume lower to 8.21 crore from previous session’s 6.33 crore shares.
The most losing companies were AIBL1st MF, MBL 1st MF, Zeal Bangla, Dulamia Cotton and Jute Spinning. The top five advancing companies were ATCSLGF, Peoples Insurance, IBN Sina, FAR Chemical and NCCBLMF1.
Like DSE, Chittagong Stock Exchange (CSE) also showed downtrend trend on Monday, with the major CSCX index inching down at 8260.83.
block