Mixed corporate disclosures take stocks down

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BSS, Dhaka :
Dhaka stocks closed Sunday down with drying out transaction when investors feared heavy sell pressure in the days ahead that would cause price fall across the board.
The Investment Corporation of Bangladesh (ICB) started releasing funds from the Taka 900-crore government refinancing scheme for share investors today, but stocks sunk as investors were skeptical about the impact of this funding.
DSEX, the benchmark price index of Dhaka Stock Exchange (DSE), drooped by 1.35 percent or 62.08 points to 4504.77, which was the lowest in one month. The blue-chip DS30 and the Shariah DSES also lost over 1.0 percent to end at 1646.22 and 1006.07 respectively.
The daily turnover declined to 7.54 crore worth Taka 329.94 crore when all the major sectors were in down turn. A total of 180 issues suffered loss when only 84 gained and 20 remained static.

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