Economic Reporter :
Stock market opened on Sunday downward as most of the investors were in selling mode, apprehending share price fall in the days ahead.
The price indices, however, closed flat when the bourses saw low level of transactions by the cautious buyers.
Stock market closed pre-Eid trading on June 30 upward, maintaining a steady rise for the fourth consecutive session. There were no share trading at Dhaka and Chittagong stock exchanges in the past nine days as the market remained closed for Eid-ul-Fitr.
Dhaka Stock Exchange (DSE) began the post-Eid session with sharp fall in price indices at early trade, but recovered some steam later on the day on active buying of banking stocks. Resultantly, the broader DSEX index of DSE ended only 12.39 points down at 4495.18, with the blue-chip DS30 and Shariah DSES following it to finish the day at 1759.56 and 1104.53 respectively.
The CASPI index of Chittagong Stock Exchange (CSE) ended the session 16 points down at 13786.56.
The daily trade value at DSE fell by 44.46 percent to Taka 209.55 crore when the trade volume declined by nearly 29.0 percent to 7.59 crore shares.
Similarly, the trade value at CSE fell to Taka 11.49 crore and the volume to 50 lakh shares when 65 issues gained against 147 declining securities. The market on DSE was also for buyers, with 205 securities closing lower against 73 advancing scrips.
The major sectors including cement, telecom, food and allied and fuel and power suffered loss on sale pressure. Bank and mutual funds managed some gains on relatively active buying.
The major losers were SEML Fund, Midas Finance, Islami Insurance, 7th ICB and Prime Life. The major gainers were FBFIF, VAMLBDMF1, NBL, IPDC and Fareast Finance.
Islami Bank topped the turnover leaders followed by Lafarge Surma, Acme Lab, Squire Pharma and City Bank.
Stock market opened on Sunday downward as most of the investors were in selling mode, apprehending share price fall in the days ahead.
The price indices, however, closed flat when the bourses saw low level of transactions by the cautious buyers.
Stock market closed pre-Eid trading on June 30 upward, maintaining a steady rise for the fourth consecutive session. There were no share trading at Dhaka and Chittagong stock exchanges in the past nine days as the market remained closed for Eid-ul-Fitr.
Dhaka Stock Exchange (DSE) began the post-Eid session with sharp fall in price indices at early trade, but recovered some steam later on the day on active buying of banking stocks. Resultantly, the broader DSEX index of DSE ended only 12.39 points down at 4495.18, with the blue-chip DS30 and Shariah DSES following it to finish the day at 1759.56 and 1104.53 respectively.
The CASPI index of Chittagong Stock Exchange (CSE) ended the session 16 points down at 13786.56.
The daily trade value at DSE fell by 44.46 percent to Taka 209.55 crore when the trade volume declined by nearly 29.0 percent to 7.59 crore shares.
Similarly, the trade value at CSE fell to Taka 11.49 crore and the volume to 50 lakh shares when 65 issues gained against 147 declining securities. The market on DSE was also for buyers, with 205 securities closing lower against 73 advancing scrips.
The major sectors including cement, telecom, food and allied and fuel and power suffered loss on sale pressure. Bank and mutual funds managed some gains on relatively active buying.
The major losers were SEML Fund, Midas Finance, Islami Insurance, 7th ICB and Prime Life. The major gainers were FBFIF, VAMLBDMF1, NBL, IPDC and Fareast Finance.
Islami Bank topped the turnover leaders followed by Lafarge Surma, Acme Lab, Squire Pharma and City Bank.
