Bourses edge down further

Country's premier bourse, Dhaka Stock Exchange (DSE) edged down further today maintaining the trend of previous day following a gloomy appetite of investors.

The broad index, DSEX closed in red at 4770.99 points on Thursday with a loss of 10.63 points or 0.22 percent.

Besides, the two selective indices, DSE30 also declined by 6.44 points while the Shariah index, DSES decreased by 5.71 points to stand at 1679.02 points and 1094.03 points respectively.

As a result, today 162 issues witnessed price correction and turnover decreased by 4%.

On the DSE trading floor, a total number of 100,510 trades were executed in today's trading session with a trading volume of 100.55 million securities.

Losers took a strong lead over the gainers as out of 350 issues traded, 145 securities gained price while 162 declined and 43 remained unchanged.

Sector wise performance exposed that jute (5.6%), general insurance (2.2%) and mutual fund (1.9%) sectors experienced highest price appreciation while ceramic (-3.3%), telecom (-3.0%) and textile (-1.8%) sectors experienced highest price correction in today's session.

Investors' interest was mostly on general insurance, engineering and pharma sectors, as these sectors dominate turnover distribution. National Tubes Contributed 5.78% to the total turnover.

The top 10 gainers were Golden Harvest, CAPM IBBL Islamic Mutual Fund, Islami Insurance, CAPM BDBL Mutual Fund, Mercantile Insurance, LR Global Bangladesh Mutual Fund One, SEML LEC Mutual Fund, ICB Agrani 1, Phoenix Finance and Silco Pharma.

National Tubes topped the turnover chart followed by Monno Stafflers, Square Pharma, Sonarbangla Insurance, BSC, GP, Beacon Pharma, Paramount, Wata Chemical and Monno Ceramics.

The top 10 losers were Meghna Condensed Milk, Mozaffar Hossain Spinning, ML Dying, Al-haj Tex, Zeal Bangla Sugar Mills, Standard Ceramics, Emerald Oil, Monno Stafflers, RN Spinning and Sonargaon Tex.

On the other hand, the port city bourse, Chittagong Stock Exchange (CSE) also registered a downbeat maintaining the same of previous days. CSCX and CASPI decreased by 28.26 points and 47.45 points to stand at 8816.90 points and 14507.69 points respectively.

At CSE, a total of 8,541,065 shares and mutual fund of 255 companies were traded, of which 93 issues advanced while 134 declined and 28 issues remained unchanged.

Source: Bangladesh Sangbad Sangstha (BSS)