Economic Reporter :
Lower trade brought the share prices indices down on Tuesday at the country’s twin stock exchanges while investors were cautious after few days of active buying.
The trade value at Dhaka Stock Exchange (DSE) fell by 19.48 percent to Taka 399.60 crore, with the volume declining by 27.38 percent to 10.91 crore shares.
The lackluster trade pushed back the price indices to the red zone after showing recovery for three days in a row.
During the past three sessions of the week, market sow higher trade, taking the price indices in the green zone. But, the broader DSEX index of DSE finished Tuesday’s session 14.89 points down at 4556.93 when the blue-chip DS30 lowered by 5.96 to 1781.31 and the Shariah DSES declined by 4.55 to 1114.99.
CSE also experienced the similar trend in the market, its major CSCE index closing 20.66 points down at 8524.23 and CASPI index closing about 33.50 points down at 14005.14.
Among the major sectors, banks and non-banking financial institutions maintained steady gains when telecom sector was down.
Among the traded 224 issues at DSE, 73 closed higher against 201 losing securities. At CSE, 56 issues closed higher when 145 finished the day lower.
The top five gaining companies at DSE were Renwick Jogeshor, Prime Life, Anlima Yarn, HR Tex and BD Com. The major losers included Evince Textile, Savar Refractories Limited, Continental Insurance, NTC and Aziz Pipe.
Olympic Industry topped the turnover list followed by BSRM Limited, Islami Bank, Acme Lab and Delta Brac Housing.
