BSS, Dhaka :
All the indices at Dhaka Stock Exchange (DSE) closed in red on Tuesday after showing little recovery on the previous day’s relatively active participation of the investors who were diversifying portfolio for better risk management.
Many of the investors continued consolidating when their participation became lackluster because of year ending cautious fund management.
Besides, some investors were still skeptical about the market direction in the near term that was evident in the trifling turnover level.
The daily trade value fell by 24.14 percent to Taka 202.53 crore when the trade volume was 16.62 percent down to 5.38 crore shares.
The lower turnover coupled with the fall in the large-cap group caused 29.83 points loss to the broader DSEX index, which ended in the day at 4838.63. The blue-chip DS30 and Shariah DSES also finished the session lower at 1791.40 and 1142.40 respectively.
Almost all the major sectors lost market capitalisation on the day with 186 securities declining, 88 advancing moderately and 35 remaining static. Like some previous trading sessions, some investors remained focused in mutual funds and small caps scrips.
EXIM 1st MF, First Bangladesh Fixed Income Fund, Prime Tex, Fas Finance and Investment and Popular Life were the day’s top five advancing issues.
The major losers were Hamid Fabrics Limited, Rangpur Foundry, Padma Oil, Samata Health and RAK Ceramic. Lafarge Surma Cement topped the turnover list followed by Brac Bank, DESCO, Beximco Pharma and GP.
All the indices at Dhaka Stock Exchange (DSE) closed in red on Tuesday after showing little recovery on the previous day’s relatively active participation of the investors who were diversifying portfolio for better risk management.
Many of the investors continued consolidating when their participation became lackluster because of year ending cautious fund management.
Besides, some investors were still skeptical about the market direction in the near term that was evident in the trifling turnover level.
The daily trade value fell by 24.14 percent to Taka 202.53 crore when the trade volume was 16.62 percent down to 5.38 crore shares.
The lower turnover coupled with the fall in the large-cap group caused 29.83 points loss to the broader DSEX index, which ended in the day at 4838.63. The blue-chip DS30 and Shariah DSES also finished the session lower at 1791.40 and 1142.40 respectively.
Almost all the major sectors lost market capitalisation on the day with 186 securities declining, 88 advancing moderately and 35 remaining static. Like some previous trading sessions, some investors remained focused in mutual funds and small caps scrips.
EXIM 1st MF, First Bangladesh Fixed Income Fund, Prime Tex, Fas Finance and Investment and Popular Life were the day’s top five advancing issues.
The major losers were Hamid Fabrics Limited, Rangpur Foundry, Padma Oil, Samata Health and RAK Ceramic. Lafarge Surma Cement topped the turnover list followed by Brac Bank, DESCO, Beximco Pharma and GP.
