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17 October, 2019 00:00 00 AM
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Bourses fail to sustain upsurge

BSS, Dhaka
Bourses fail to sustain upsurge

Country’s premier bourse, Dhaka Stock Exchange (DSE), failed to uphold the upsurge of previous day.

The broad index, DSEX closed in red again at 4781.62 points yesterday with a loss of 40.01 points or 0.82 per cent.

Besides, the two selective indices, DSE30 also declined by 18.65 points while the Shariah index, DSES decreased by 9.92 points to stand at 1685.46 points and 1099.75 points respectively.

On the DSE trading floor, a total number of 98,321 trades were executed in yesterday’s trading session with a trading volume of 94.76 million securities.

Besides, the trading activities have decreased by 1.0pc over last session and turnover stood at Tk 3.24 billion.

Losers took a strong lead over the gainers as out of 354 issues traded, 65 securities gained price while 259 declined and 30 remained unchanged.

Investors’ interest was mostly on engineering, general insurance and pharma as the sectors dominate turnover distribution. BSC contributed 6.60pc to the total turnover yesterday.

Sector wise performance exposed that bank (0.4 per cent), general insurance (0.10.4 per cent) and life insurance (0.10.4 per cent) sectors experienced marginal price appreciation while jute (-4.20.4 per cent), it(-2.90.4 per cent) and textile (-2.30.4 per cent) sectors experienced highest price correction.

The top 10 gainers were Popular Life Insurance, Shahjalal Islami Bank, GlaxoSmithkline, Asia Insurance, Paramount Insurance, Reckitt Benckiser, Bank Asia, Prime Insurance, Northern General Insurance and City General Insurance.

BSC topped the turnover chart followed by National Tubes, Summit Power, Grameenphone, Standard Ceramics, Fortune Shoes, Monno Stafflers, Square Pharma, Paramount Insurance and Monno Ceramics.

On the other hand, the port city bourse, Chittagong Stock Exchange (CSE) also registered a downbeat again after the sharp rise of previous

days. CSCXand CASPI increased by 149.33 points and 242.81 points to stand at 8899.55 points and 14646.99 points respectively.

At CSE, a total of 5,895,453 shares and mutual fund of 247 companies were traded, of which 59 issues advanced while 159 declined and 29 issues remained unchanged.

 

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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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