Share market witness further decline in trade

Stock market saw further decline in trade to open week yesterday as investors were not active in the buying side ahead of a new monetary policy statement (MPS) of the central bank, reports BSS.
Bangladesh Bank (BB) is set to announce the MPS for the first half of the current 2016-17 financial year (FY17) tomorrow, July 26 at 11am at the central bank headquarters in the city.
Investors are now awaiting the policy directive of the BB, which will have notable impact on the capital market.
Due to the vigilance mood of the investors, bourses saw slack demand that resulted in fall in the daily trade volume and the value.
The trade value at Dhaka Stock Exchange (DSE) fell by nearly 17.0 per cent to Tk 388.84 crore on the first day of the week when the volume declined by 32.21 per cent to 7.72 crore shares.
Stock market also finished week Thursday flat on lower demand when investors were largely selling mood for profit-booking from offloading the shares they booked earlier at cheaper prices.
The lower demand continued yesterday that caused fall in the prices of 140 issues against 127 advancing securities on DSE among the day's 323 issues traded.
The lower transaction and price fall, however, could not bring the price indices too down as some large-cap securities of cement, textile and engineering sectors came to support the market indicators.
The DSEX closed the opening session of the week flat in red at 4551.07 when the DS30 ended at 1778.83 and the DSES at 1114.25.
The CASPI at the Chittagong Stock Exchange (CSE) closed in at 13993.72, with 89 issues closing up and 113 down among the day's 245 traded securities. The daily average trade value and volume at CSE also fell to Tk 27.92 crore and 60 lakh shares accordingly.
Bank, food and allied and pharmaceuticals lost marginally when the major losing issues were BD Thai, Sun Life, Northern, FBFIF and Sonargaon. The major advancing issues were National Life, Renwick, Eastern Cables and National tubes.
The session's most liquid shares were BSRM Limited, SPCL, Acme Lab, ACI Formula and BHB.

Share market witness further decline in trade

Stock market saw further decline in trade to open week yesterday as investors were not active in the buying side ahead of a new monetary policy statement (MPS) of the central bank, reports BSS. Bangladesh Bank (BB) is set to announce the MPS for the first half of the current 2016-17 financial year (FY17) tomorrow, July 26 at 11am at the central bank headquarters in the city. Investors are now awaiting the policy directive of the BB, which will have notable impact on the capital market. Due to the vigilance mood of the investors, bourses saw slack demand that resulted in fall in the daily trade volume and the value. The trade value at Dhaka Stock Exchange (DSE) fell by nearly 17.0 per cent to Tk 388.84 crore on the first day of the week when the volume declined by 32.21 per cent to 7.72 crore shares. Stock market also finished week Thursday flat on lower demand when investors were largely selling mood for profit-booking from offloading the shares they booked earlier at cheaper prices. The lower demand continued yesterday that caused fall in the prices of 140 issues against 127 advancing securities on DSE among the days 323 issues traded. The lower transaction and price fall, however, could not bring the price indices too down as some large-cap securities of cement, textile and engineering sectors came to support the market indicators. The DSEX closed the opening session of the week flat in red at 4551.07 when the DS30 ended at 1778.83 and the DSES at 1114.25. The CASPI at the Chittagong Stock Exchange (CSE) closed in at 13993.72, with 89 issues closing up and 113 down among the days 245 traded securities. The daily average trade value and volume at CSE also fell to Tk 27.92 crore and 60 lakh shares accordingly. Bank, food and allied and pharmaceuticals lost marginally when the major losing issues were BD Thai, Sun Life, Northern, FBFIF and Sonargaon. The major advancing issues were National Life, Renwick, Eastern Cables and National tubes. The sessions most liquid shares were BSRM Limited, SPCL, Acme Lab, ACI Formula and BHB.