Selling pressure pushes bourses edge down

Country’s capital bourse, Dhaka Stock Exchange (DSE), closed yesterday maintaining the declining trend following the negative tendency of large cap companies.

“Especially, large cap stocks like GP, BATB and Square Pharma had the highest impact on the negative closing of the prime index,” said market operator, EBL Securities.

Market turnover decreased by five percent and stood at Tk 3.75 billion by the end of the session.

The core index, DSEX closed at 4,986.37 points with a loss of 20.68 points. Besides, the two selective indices, DSE30 decreased by 10.69 points and DSES decreased by 8.35 points to stand at 1748.41 points and 1158.78 points respectively.

A total number of 119,432 trades were executed in today’s trading session with a trading volume of 91.81 million securities. At DSE, 132 securities gained price while 166 declined and 53 remained unchanged.

Most of the sectors experienced price correction today. Sector wise performance exposed that travel (2.1 per cent), jute (0.9 per cent), tannery (0.8 per cent) sectors experienced highest price appreciation while telecom (-1.8 per cent), food (-1.6 per cent) and ceramic (-1.2 per cent) sectors experienced highest price correction.

Investors’ attention was mostly concentrated on pharmaceuticals and chemicals (21.2 per cent), engineering (16.3 per cent) and textile (9.8 per cent) sectors.

The port city bourse, Chittagong Stock Exchange (CSE) end session with a loss today CSCX and CASPI decreased by 54.4 and 88.90 points respectively.

At CSE, a total of 5,320,513 shares and mutual fund of 251 companies were traded, of which 89 issues advanced while 129 declined and 33 issues remained unchanged.

 

Selling pressure pushes bourses edge down

Countrys capital bourse, Dhaka Stock Exchange (DSE), closed yesterday maintaining the declining trend following the negative tendency of large cap companies. Especially, large cap stocks like GP, BATB and Square Pharma had the highest impact on the negative closing of the prime index, said market operator, EBL Securities. Market turnover decreased by five percent and stood at Tk 3.75 billion by the end of the session. The core index, DSEX closed at 4,986.37 points with a loss of 20.68 points. Besides, the two selective indices, DSE30 decreased by 10.69 points and DSES decreased by 8.35 points to stand at 1748.41 points and 1158.78 points respectively. A total number of 119,432 trades were executed in todays trading session with a trading volume of 91.81 million securities. At DSE, 132 securities gained price while 166 declined and 53 remained unchanged. Most of the sectors experienced price correction today. Sector wise performance exposed that travel (2.1 per cent), jute (0.9 per cent), tannery (0.8 per cent) sectors experienced highest price appreciation while telecom (-1.8 per cent), food (-1.6 per cent) and ceramic (-1.2 per cent) sectors experienced highest price correction. Investors attention was mostly concentrated on pharmaceuticals and chemicals (21.2 per cent), engineering (16.3 per cent) and textile (9.8 per cent) sectors. The port city bourse, Chittagong Stock Exchange (CSE) end session with a loss today CSCX and CASPI decreased by 54.4 and 88.90 points respectively. At CSE, a total of 5,320,513 shares and mutual fund of 251 companies were traded, of which 89 issues advanced while 129 declined and 33 issues remained unchanged.