BSS, Dhaka :
All the price indices of Dhaka Stock Exchange (DSE) dropped to red zone on Sunday, the opening day of the week.
DSEX, the benchmark price index of the DSE, ended the day at 4374.19, some 0.40 percent or 17.95 points down from the last week’s closing on Thursday.
Similarly, the DS30 and DESE also dropped to 1591.20 and 984.26 respectively. Market analysts attributed the fall to the cash-hunting trading before Eid that created an additional sale pressure on the market.
Some large cap scrips saw voluminous transactions, which drove the day’s trade volume and value upward. A total of 6.75 crore shares worth Taka 263.69 crore changed hands on the day against Thursday’s 65.98 crore shares of Taka 253.21 crore.
Despite the sale pressure, some companies managed to attract investors with their prospect for higher dividend yield and capital gains in the near term. As a result, majority of traded issues advanced on the day though the gains remained at moderate level.
Fuel and power, textile, bank and insurance were among the day’s major gainers when pharmaceuticals, mutual fund life insurance were the worst losers.
