DSEX drops below 4,600 points mark again

The broader price index at Dhaka Stock Exchange (DSE) dropped below 4,600 points mark again on lackluster trade that also caused price fall across the board, reports BSS.
DSEX lost over 41 points to close the third session of the week at 4,589.33, the lowest since July 8 last when the general indicator finished at 4,579.91.
“The market was highly driven by meticulous investors, instigating them to eye on short term profit booking, which resulted in premier index hitting almost four months low,” said IDLC Investment Limited. The two selective indices - DS30 and DSES - also followed the prime indicators, with closing at 1,735.69 and 1,101.61 respectively. The fall in these two indices, however, was lower than the broader DSEX.
Like the previous session, large-cap securities were on the big slide, driven by low earnings reports of some listed companies. All the major sectors including bank, fuel and power, food and allied, engineering, cement, NBFI and textile suffered fall in prices, with 216 scrips closing lower.  Telecom sector recovered on the day when the total number of advancing issues was only 69.
The most losing issues were OAL, Shympur Sugar, Aziz Pipes, Kay and Que and Samata Leather. The top five advancing securities were Miracle Industries, 3rd ICB, Alltex, KDS Accessories and Metro Spinning.
The daily trade value was down by 28.50 per cent to Tk 297.70 crore, the lowest in over six months. The volume was also lower by nearly 12 per cent to 8.96 crore shares.
Lafarge Surma Cement topped the turnover list followed by SPCL, United Air, KDS Accessories Limited, CAN Textile, Squire Pharma and Aman Feed.
Chittagong Stock Exchange (CSE) closed the day lower, with its CSCX losing over 71 points to 8530.18.
Out of the 237 issues traded, 55 closed higher and 155 lower while 82.42 lakh shares worth Tk 26.78 crore changed hands.

DSEX drops below 4,600 points mark again

The broader price index at Dhaka Stock Exchange (DSE) dropped below 4,600 points mark again on lackluster trade that also caused price fall across the board, reports BSS. DSEX lost over 41 points to close the third session of the week at 4,589.33, the lowest since July 8 last when the general indicator finished at 4,579.91. The market was highly driven by meticulous investors, instigating them to eye on short term profit booking, which resulted in premier index hitting almost four months low, said IDLC Investment Limited. The two selective indices - DS30 and DSES - also followed the prime indicators, with closing at 1,735.69 and 1,101.61 respectively. The fall in these two indices, however, was lower than the broader DSEX. Like the previous session, large-cap securities were on the big slide, driven by low earnings reports of some listed companies. All the major sectors including bank, fuel and power, food and allied, engineering, cement, NBFI and textile suffered fall in prices, with 216 scrips closing lower. Telecom sector recovered on the day when the total number of advancing issues was only 69. The most losing issues were OAL, Shympur Sugar, Aziz Pipes, Kay and Que and Samata Leather. The top five advancing securities were Miracle Industries, 3rd ICB, Alltex, KDS Accessories and Metro Spinning. The daily trade value was down by 28.50 per cent to Tk 297.70 crore, the lowest in over six months. The volume was also lower by nearly 12 per cent to 8.96 crore shares. Lafarge Surma Cement topped the turnover list followed by SPCL, United Air, KDS Accessories Limited, CAN Textile, Squire Pharma and Aman Feed. Chittagong Stock Exchange (CSE) closed the day lower, with its CSCX losing over 71 points to 8530.18. Out of the 237 issues traded, 55 closed higher and 155 lower while 82.42 lakh shares worth Tk 26.78 crore changed hands.