BSS, Dhaka :
Share prices fell across the board at Dhaka Stock Exchange (DSE) on Monday, ending to a short-lived bullish trend that sustained on the prime bourse in the past three sessions.
Out of traded 311 issues, 241 closed the day lower when only 48 securities managed to finish the day moderately higher. The widespread losing spell brought the broader DSEX index over 65 points down at 4308.44, with the blue-chip DS30 and the Shariah DSE sliding to 1634.38 and 1048.91 respectively.
The market saw high volatility straight from the beginning of the session, with the DSEX fluctuating between the day’s 4558-point peck and the lowest value of 4291. The volatility caused loss to all major sectors when the session’s most five losing issues closed 8.5 percent to 9.5 percent lower. These included PTL, Fareast Finance, AIBL1stIMF, NHFIL and Zaheen Spinning.
Among the sectors, NBFI incurred the most 3.5 percent loss, but the cement sector advanced by 1.3 percent as Lafarge Surma closed 3.5 percent high on positive news about its progress in merger process.
On the gainers side, only Zahin Textile closed over 9.50 percent higher when the other advancing securities among the top five ones managed as low as 2.95 percent to 6.23 percent gains.
Like some previous sessions, the newly listed UPGDL maintained its top position among the voluminously traded securities. The security alone managed to hold 13.0 percent of the session’s total turnover. The other most liquid scrips were Shasha Denim, KPCL, Western Marine and Ifad Autos.
Buyers were apparently scrips-specific, and as a result the top 10 securities in trade value shared 45.0 percent of the day’s total turnover.
Share prices fell across the board at Dhaka Stock Exchange (DSE) on Monday, ending to a short-lived bullish trend that sustained on the prime bourse in the past three sessions.
Out of traded 311 issues, 241 closed the day lower when only 48 securities managed to finish the day moderately higher. The widespread losing spell brought the broader DSEX index over 65 points down at 4308.44, with the blue-chip DS30 and the Shariah DSE sliding to 1634.38 and 1048.91 respectively.
The market saw high volatility straight from the beginning of the session, with the DSEX fluctuating between the day’s 4558-point peck and the lowest value of 4291. The volatility caused loss to all major sectors when the session’s most five losing issues closed 8.5 percent to 9.5 percent lower. These included PTL, Fareast Finance, AIBL1stIMF, NHFIL and Zaheen Spinning.
Among the sectors, NBFI incurred the most 3.5 percent loss, but the cement sector advanced by 1.3 percent as Lafarge Surma closed 3.5 percent high on positive news about its progress in merger process.
On the gainers side, only Zahin Textile closed over 9.50 percent higher when the other advancing securities among the top five ones managed as low as 2.95 percent to 6.23 percent gains.
Like some previous sessions, the newly listed UPGDL maintained its top position among the voluminously traded securities. The security alone managed to hold 13.0 percent of the session’s total turnover. The other most liquid scrips were Shasha Denim, KPCL, Western Marine and Ifad Autos.
Buyers were apparently scrips-specific, and as a result the top 10 securities in trade value shared 45.0 percent of the day’s total turnover.
