DSE breaks 13-day winning streak

Dhaka Stock Exchange (DSE) witnessed marginal loss yesterday after gaining in the 13 consecutive sessions that began on August 31 as major sectors closing the session with falling trend, reports BSS.
Market insiders said as the market was upbeat over the past 13 days, some risk-averse investors booked quick-profits on sector specific stocks. And it is a natural correction of the market.
The broader index DSEX of DSE finished the session 6.87 points down at 4673.44. 
The blue-chip DS30 and Shariah DSES followed it by 3.31 down at 1768.59 and 1.07 at 1120.92 respectively.
Turnover, the crucial indicator of the market, however, rose and the total turnover on the DSE stood at Tk 5.76 billion, which was 10.34 per cent higher than the previous day’s Tk 5.22 billion.
The losers took a modest lead over the gainers as out of 324 issues traded, 165 closed lower, 117 higher and 42 remained unchanged on the DSE trading floor.
The newly listed Yeakin Polymer dominated the DSE turnover chart with shares worth over Tk 233 million changing hands, followed by MJL Bangladesh, United Power, GSP Finance and LankaBangla Finance.
The Yeakin Polymer was also the day’s best performer, posting a rise of 9.97 per cent, while Apex Spinning was the worst loser, slumping by 4.20 per cent.
The major gaining issues were Yeakin Polymer, Evince Textile, Safko Spinning, Dragon Sweeter and Spinning and Mozaffar Hossain Spinning. 
The major losing companies were Apex Spinning, International Leasing, Provati Insurance, Exim First Mutual Fund and Bay Leasing.
Chittagong Stock Exchange (CSE) also finished lower with its Selective Categories Index- CSCX – losing 39.06 points to settle at 8,725.75 points.
The gainers beat the losers as 124 issues closed lower, 99 higher and 32 remained unchanged on the port city bourse.
Port city bourse CSE traded 20.90 million shares and mutual fund units worth over Tk 546 million in turnover with Islami Bank contributed for Tk 253 million alone.

DSE breaks 13-day winning streak

Dhaka Stock Exchange (DSE) witnessed marginal loss yesterday after gaining in the 13 consecutive sessions that began on August 31 as major sectors closing the session with falling trend, reports BSS. Market insiders said as the market was upbeat over the past 13 days,some risk-averse investors booked quick-profits on sector specific stocks. And it is a natural correction ofthe market. The broader index DSEX of DSE finished the session 6.87 points down at 4673.44. The blue-chip DS30 and Shariah DSES followed it by 3.31 down at 1768.59 and 1.07 at 1120.92 respectively. Turnover, the crucial indicator of the market, however, rose and the total turnover on the DSE stood at Tk 5.76 billion, which was 10.34 per cent higher than the previous days Tk 5.22 billion. The losers took a modest lead over the gainers as out of 324 issues traded, 165 closed lower, 117 higher and 42 remained unchanged on the DSE trading floor. The newly listed Yeakin Polymer dominated the DSE turnover chart with shares worth over Tk 233 million changing hands, followed by MJL Bangladesh, United Power, GSP Finance and LankaBangla Finance. The Yeakin Polymer was also the days best performer, posting a rise of 9.97 per cent, while Apex Spinning was the worst loser, slumping by 4.20 per cent. The major gaining issues were Yeakin Polymer, Evince Textile, Safko Spinning, Dragon Sweeter and Spinning and Mozaffar Hossain Spinning. The major losing companies were Apex Spinning, International Leasing, Provati Insurance, Exim First Mutual Fund and Bay Leasing. Chittagong Stock Exchange (CSE) also finished lower with itsSelective Categories Index- CSCX losing 39.06 points to settle at 8,725.75 points. The gainers beat the losers as 124 issues closed lower, 99 higher and 32 remained unchanged on the port city bourse. Port city bourse CSE traded 20.90 million shares and mutual fund units worth over Tk 546 million in turnover with Islami Bank contributed for Tk 253 million alone.