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12 September, 2019 08:08:45 AM
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Large-cap slump bourses downbeat

Independent Online/ BSS
Large-cap slump bourses downbeat

Country’s capital bourse, Dhaka Stock Exchange (DSE) ended yesterday (Wednesday) with a losing motion maintaining the trend of previous day’s session.

At DSE, the core index, DSEX closed in red at 4933.18 levels with 1.51 per cent or 75.78 points decline from the previous day as all the large cap sectors showed negative movements.

Besides, the two selective indices, DSE30 decreased by 21.92 points and DSES decreased marginally by 14.01 points to stand at 1736.18 points and 1155.49 points respectively.

A total number of 141,825 trades were executed in today’s trading session with a trading volume of 50.24 million securities. At DSE, 37 securities gained price while 288 declined and 28 remained unchanged

Sector wise performance exposed that most of the sectors experienced price correction while paper (-3.3 per cent), fuel and power (-3.3 per cent) and mutual fund (-3.0 per cent) experienced highest price correction in yesterday’s session. Investors’ selling pressure were mostly concentrated on fuel and power (-22.5 per cent), bank (- 17.3 per cent) and telecommunications (-9.1 per cent) sectors, according to market operator, EBL Securities.

The top ten gainers were National Tubes, Standard Ceramics, Zemini Sea Food, Monno Stafflers, JMI Syringe, Aramit Limited, Beacon Pharma, Sonali Ansh, Olympic Industry and Reckitt Benckiser.

The top ten losers were ML Dying, VSF Thread, Popular Life Insurance, SEML IBBL Shariah Fund, Global Insurance, ICB 3rd NRB Mutual Fund, United Insurance, Aramit Cement, CAN Tex and SEML Lecture Equity Management Fund.

On the other hand, the port city bourse, Chittagong Stock Exchange (CSE) tampered in red. CSCX and CASPI decreased by 132.6 and 213.8 points respectively.

At CSE, a total of 5,648,740 shares and mutual fund of 216 companies were traded, of which 36 issues advanced while 210 declined and 15 issues remained unchanged.

 

SI

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Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
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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.

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