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Bourses in decline

WT24Desk

Country’s premier bourse, Dhaka Stock Exchange (DSE) today witnessed a plunge as the investors rushed to bag some profits on the stocks which witnessed price surge in the last few sessions, BSS reports.

The broad index, DSEX closed at 4688.42 points on Sunday with a loss of 18.23 points or 0.38 percent.

Besides, the two selective indices, Blue Chip index, DSE30 and the Shariah index, DSES also went down by 12.46 points and 5.94 points to settle at 1638.16 points and 1075.82 points respectively.

On the DSE trading floor, a total number of 124,443 trades were executed in today’s trading session with a trading volume of 134.37 million securities.

Loser took a strong lead over the gainer as out of 338 issues traded, 138 securities gained price while 167 declined and 33 remained unchanged.

The major sectors witnessed mixed performance today. Among the major sectors based on market capitalization – telecom (-5.0%), bank (-0.8%), fuel & power (-0.2%) and financial institution (-0.5%) sectors witnessed price correction while engineering (1.3%), textile (1.8%), food (1.0%) and paper (5.0%) sectors achieved price appreciation.

The investors’ activity was mostly centered on general insurance (16.2%), engineering (15.9%) and pharma (15.8%) sectors.

The top 10 gainers were National Feed Mill, Apex Tannery, Sayham Textile, Queen South Textile, Al-haj Textile, Silva Pharmaceutical, Yeakin Polymer, Tosrifa Industries, Desh Garments and Aman Cotton.

Beacon Pharma topped the turnover chart followed by National Tubes, Sonarbangla Insurance, Grameenphone, VFS Thread BBS Cables, Asia Insurance, Silva Pharmaceutical, BSCCL and Kattali Textile.

The top 10 losers were Safko Spinning, Confidence Cement, Meghna Condense Milk, Zeal Bangla Sugar Mill, Bangladesh Building System, CAPM BDBL Mutual Fund, Shyampur Sugar Mill, ICB Islami Bank, Premier Cement and Grameenphone.

On the other hand, the port city bourse, Chittagong Stock Exchange (CSE) also closed at red from the winning streak of the previous day.

CSCX and CASPI went down by 13.73 points and 19.88 points to stand at 8662.12 points and 14252.24 points respectively.
At CSE, a total of 6,072,500 shares and mutual fund of 248 companies were traded, of which 111 issues advanced while 102 declined and 35 issues remained unchanged.

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