Economic Reporter :
Country’s premier bourse, Dhaka Stock Exchange (DSE) closed on Sunday, first day of the week, registering a substantial decline as worried investors continued their sell-rush on shares of major sectors, anticipating further deterioration.
The broad index, DSEX closed at 4409.91 points on the day with a loss of 70.31 points or 1.56 percent.
Besides, the two selective indices, Blue Chip index, DSE30 and Shariah index, DSES also went down by 17.69 points and 16.22 points to settle at 1474.67 points and 1028.68 points respectively.
Market analysts said the investors kept their selling spree on major stocks fearing possible impact of the single-digit interest rate on the banking business as well as overall economy.
A section of the investors were also disappointed to see no visible progress in the formation of a special fund for the stock market even after two weeks granted the permission, said an analyst.
On the DSE trading floor, a total number of 138,659 trades were executed in the day’s trading session with a trading volume of 192.82 million securities.
Market turnover, another crucial indicator, stood at Taka 4.56 billion, which was also lower over previous day’s mark of Taka 5.61 billion.
Losers took a strong lead over gainers as out of 355 issues traded, 46 securities gained price while 289 declined and 20 remained unchanged.
The top 10 gainers were VFS Thread, FAR Chemical, Square Pharma, LafargeHolcim Bangladesh, Confidence Cement, Golden Harvest, Western Marine, Orion Infusion, Orion Pharma and Central Pharma.
Khulna Paper topped the turnover chart followed by Central Pharma, SIM Tex, Daffodil Computer, Orion Infusion, Brac Bank, Hakkani Pulp, Meghna Petroleum, Premier Cement and Popular Life Insurance.
The top 10 losers were Tung Hai Industries, Aramit Cement, Western Marine, Osmania Glass, Summit Alliance Port, Eastern Insurance, Meghna Condensed Milk, Shepherd Industies, FAS Finance and ICB Islami Bank.
On the other hand, port city bourse, Chittagong Stock Exchange (CSE) also closed at red extending the losing trend of previous day.
CSCX and CASPI declined by 135.60 points and 223.79 points to stand at 8197.37 points and 13519.16 points respectively.
Country’s premier bourse, Dhaka Stock Exchange (DSE) closed on Sunday, first day of the week, registering a substantial decline as worried investors continued their sell-rush on shares of major sectors, anticipating further deterioration.
The broad index, DSEX closed at 4409.91 points on the day with a loss of 70.31 points or 1.56 percent.
Besides, the two selective indices, Blue Chip index, DSE30 and Shariah index, DSES also went down by 17.69 points and 16.22 points to settle at 1474.67 points and 1028.68 points respectively.
Market analysts said the investors kept their selling spree on major stocks fearing possible impact of the single-digit interest rate on the banking business as well as overall economy.
A section of the investors were also disappointed to see no visible progress in the formation of a special fund for the stock market even after two weeks granted the permission, said an analyst.
On the DSE trading floor, a total number of 138,659 trades were executed in the day’s trading session with a trading volume of 192.82 million securities.
Market turnover, another crucial indicator, stood at Taka 4.56 billion, which was also lower over previous day’s mark of Taka 5.61 billion.
Losers took a strong lead over gainers as out of 355 issues traded, 46 securities gained price while 289 declined and 20 remained unchanged.
The top 10 gainers were VFS Thread, FAR Chemical, Square Pharma, LafargeHolcim Bangladesh, Confidence Cement, Golden Harvest, Western Marine, Orion Infusion, Orion Pharma and Central Pharma.
Khulna Paper topped the turnover chart followed by Central Pharma, SIM Tex, Daffodil Computer, Orion Infusion, Brac Bank, Hakkani Pulp, Meghna Petroleum, Premier Cement and Popular Life Insurance.
The top 10 losers were Tung Hai Industries, Aramit Cement, Western Marine, Osmania Glass, Summit Alliance Port, Eastern Insurance, Meghna Condensed Milk, Shepherd Industies, FAS Finance and ICB Islami Bank.
On the other hand, port city bourse, Chittagong Stock Exchange (CSE) also closed at red extending the losing trend of previous day.
CSCX and CASPI declined by 135.60 points and 223.79 points to stand at 8197.37 points and 13519.16 points respectively.
