Share falls further on sell pressure

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Economic Reporter :
Share prices fell further at the country’s twin stock exchanges due to increasing sell pressure from investors who were either booking profit or repositioning ahead of December closure.
Dhaka Stock Exchange (DSE) saw 189 securities closing lower while 84 gaining marginally among the day’s 321 trade issues. Similarly, Chittagong Stock Exchange (CSE) ended the day with 136 declining against 66 gaining securities.
The higher number of losing issues brought the market indicators at the two stock exchanges further down. The broader DSEX index of DSE lost 22.20 points to 4644.98. The blue-chip DS30 and the Shariah DSES were also down at 1746.64 and 1117.07 respectively.
CSE closed the day lower, with its CASPI index ending over 84 points down at 14381.69.
The daily transaction, however, rose considerably while investors were selling and repositioning. The trade value at DSE increased to Taka 644.11 crore and volume to 15.24 crore shares from Sunday’s Taka 564.63 crore for 14.14 crore shares. AT CSE, some 1.37 crore shares changed hands for Taka 41.35 crore.
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