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19 March, 2020 00:00 00 AM
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Bourses continue downward trend

BSS, Dhaka
Bourses continue downward trend

Country’s premier bourse, Dhaka Stock Exchange (DSE), continued reverse direction as investors dumped their holdings amidst growing concern over the impacts of COVID-19 pandemic.

The broad index, DSEX closed at 3603.95 points yesterday with a sharp fall of 168.60 points or 4.46 per cent.

Besides, the two selective indices, Blue Chip index, DSE30 and Shariah index, DSES also went down by 61.63 points and 39.28 points to settle at 1203.43 points and 834.77 points respectively.

Market turnover, another crucial indicator, stood at Tk 4.29 billion, which was higher over previous day’s mark of Tk 4.06 billion due to the panic-driven sell off.

On the DSE trading floor, a total number of 137,191 trades were executed in yesterday’s trading session with a trading volume of 178.48 million securities.

The market-cap of the DSE also fell to Tk 2,873 billion, from Tk 2,988 billion in the previous session.

Square Pharma topped the turnover chart followed by Grameenphone, Monno Ceramic, LafargeHolcim Bangladesh, Orion Pharma, Brac Bank, BATBC, Khulna Power, Beximco Limited and Sea Pearl Beach.

The top 10 losers were ICB 3rd NRB Mutual Fund, Apex Spinning, Sea Pearl Beach, Queen South Textile, Eastern Cables, Progressive Life Insurance, Brac Bank, Sonar Bangla Insurance, Sonargaon Textile and Shamorita Hospital. On the other hand, port city bourse, Chittagong Stock Exchange (CSE), also closed at red extending the bearish streak of previous day.

CSCX and CASPI declined by 270.60 points and 442.81 points to stand at 6746.42 points and 11133.69 points respectively.

At CSE, a total of 10,107,516 shares and mutual fund of 248 companies were traded of which 19 issues advanced while 219 declined and 10 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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