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12 December, 2016 00:00 00 AM
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Share prices fall on corrective pullback

BSS
Share prices fall on corrective pullback

Stocks were down at the week’s opening session yesterday after witnessing steady rally in the past two weeks, reports BSS.
The price indices at bourses ended lower when investors were taking profit instead of making fresh commitment.
DSEX, the broader index of Dhaka Stock Exchange (DSE), finished the day 31.69 points down at 4861.12 when the blue-chip DS30 and Shariah DSES followed it to end the session 11.47 points and 6.79 points lower at 1784.18 and 1154.57 respectively.
The major CSPI at Chittagong Stock Exchange (CSE) closed the day 89.43 points down at 14981.89.
“Most scripts experienced corrective pullback in price after a major rally in last two weeks,” said Lanka Bangla Securities Limited.
At DSE, 204 securities closed lower when only 81 issues made moderate gains. Similarly, 153 issues incurred loss at CSE against 69 gaining securities.
Compared to previous sessions, activities also fell significantly as investors were cautious about buying shares before year end.
The daily trade value at DSE was 28.37 per cent down to Tk 823.64 crore, with the volume declining by 12.25 per cent to 29.32 crore shares. CSE also saw low level of transaction when nearly two crore shares changed hands for Tk 47.41 crore.
All major sectors were down while only paper and printing and real estate gaining marginally. The day’s major gainers were Wata Chemical, AFC Agro, National Tubes, Anlima Yarn and GHCL. The major losers included Zeal Bangla, Shympur Sugar, Argon Denim, Midas Finance and Sonargaon.
SA Port topped the turnover list followed by AFC Agro, MJLBD, Shasha Denim and RSRM Steel.

 

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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