BSS, Dhaka :
Dhaka stocks ended week down on Thursday amid major correction in share prices with four out of five trading sessions closing in red.
The DSEX index of Dhaka Stock Exchange (DSE) lost 84.85 points to finish the week at 4899.60 when DS30 and Shariah DSES indices also ended lower at 1814.69 and 1145.81 respectively.
Average daily turnover during the week was Taka 627 crore, down by 17 percent from the previous week’s turnover value, which showed that investors were cautious in participation.
Shares from miscellaneous sector gained most during the week with an average 4.45 percent rise followed by jute with 1.7 percent and bank with 0.46 percent.
The major losing sectors were IT with 8.36 percent, cement with 6.31 percent, service and real-estate 5.04 percent and ceramic 4.59 percent loss.
Gemini Sea was the top gaining issue of the week with 43.2 percent rise followed by Northern 31.9 percent and JMISMDL 25.7 percent.
The top losing companies of the week were Orion Infusion with 29.6 percent fall followed by National Polymer with 20.8 percent and BDCOM with 20 percent loss.
Market saw lack of participation during the week though selling pressure was high due to profit taking. The daily trade value came down to Taka 468.70 crore on Thursday, which was 15.55 percent lower from the previous trading session.
Meanwhile, Bangladesh Securities and Exchange Commission (BSEC) directed the stock exchanges that the security of Shahjibazar Power Company Limited (SPCL) should not be entertained as “marginable securities” under the Margin Rules, 1999.
The BSEC also asked the stock exchanges to place the SPCL under Spot Market for trading.
Dhaka stocks ended week down on Thursday amid major correction in share prices with four out of five trading sessions closing in red.
The DSEX index of Dhaka Stock Exchange (DSE) lost 84.85 points to finish the week at 4899.60 when DS30 and Shariah DSES indices also ended lower at 1814.69 and 1145.81 respectively.
Average daily turnover during the week was Taka 627 crore, down by 17 percent from the previous week’s turnover value, which showed that investors were cautious in participation.
Shares from miscellaneous sector gained most during the week with an average 4.45 percent rise followed by jute with 1.7 percent and bank with 0.46 percent.
The major losing sectors were IT with 8.36 percent, cement with 6.31 percent, service and real-estate 5.04 percent and ceramic 4.59 percent loss.
Gemini Sea was the top gaining issue of the week with 43.2 percent rise followed by Northern 31.9 percent and JMISMDL 25.7 percent.
The top losing companies of the week were Orion Infusion with 29.6 percent fall followed by National Polymer with 20.8 percent and BDCOM with 20 percent loss.
Market saw lack of participation during the week though selling pressure was high due to profit taking. The daily trade value came down to Taka 468.70 crore on Thursday, which was 15.55 percent lower from the previous trading session.
Meanwhile, Bangladesh Securities and Exchange Commission (BSEC) directed the stock exchanges that the security of Shahjibazar Power Company Limited (SPCL) should not be entertained as “marginable securities” under the Margin Rules, 1999.
The BSEC also asked the stock exchanges to place the SPCL under Spot Market for trading.
