Medical &Health

Bourses edge down marginally

DHAKA Country's capital bourse, Dhaka Stock Exchange (DSE) closed today's trading sessions with a downbeat, as investors remained cautious for lack of confidence for the fluctuation of indexes.

So many investors showed movement to liquidate their holding from telecom, bank, textile, financial institution and food sectors stocks to avoid further losses on their portfolio.

However, fuel and power, pharmaceutical and mutual fund sectors gained the investors' attention in the session, according to a market analyst, International Leasing Securities.

At Dhaka Stock Exchange (DSE), the broad index, DSEX closed in red at 4936.37 points with a loss of 13.02 points or 0.26 percent from the previous day.

In addition, the two selective indices, DSE30 also declined slightly by 1.24 points while the Shariah index, DSES decreased by 3.89 points to stand at 1758.50 points and 1136.31 points respectively.

On the DSE trading floor, a total number of 104,570 trades were executed in today's trading session with a trading volume of 109.51 million securities generating a turnover of Taka 3,460.35 million.

Losers took a strong lead over the gainers as out of 354 issues traded, 108 securities gained price while 209 declined and 37 remained unchanged.

Most of the sectors witnessed correction today. Among the major sectors based on market capitalization-telecom (-1.1%), bank (-0.7%), textile(-0.5%) and financial institution (-0.3%) sectors witnessed price correction while fuel and power (0.9%), pharma (0.1%) and mutual fund (1.1%) sectors achieved price appreciation in the day's session.

The top ten gainers were CAPM BDBL Mutual Fund, CAPM IBBL Mutual Fund, Padma Oil, Jamuna Oil, Prime 1 ICBA, Meghna Petroleum, ICB Agrani 1, Standard Cement, Dhaka Insurance and Prime Insurance.

BSCCL topped the turnover chart followed by National Tubes, Beacon Pharma, Summit Power, GP, Eastern Cables, Monno Stafflers, JMI Syringe, Standard Cement and Square Pharma.

The top ten losers were Golden Harvest Agro Industries, KDS Accessories, First Finance, Sunlife Insurance, Khan Brothers PP Woven, Dulamia Cotton, Tung Hai, Northern Jute, Shurwid Industries and BIFC.

Besides, the port city bourse, Chittagong Stock Exchange (CSE) also registered a downbeat. CSCX and CASPI decreased by 3.22 points and 7.64 points to stand at 9136.78 points and 15040.57 points respectively.

At CSE, a total of 4,700,049 shares and mutual fund of 243 companies were traded, of which 80 issues advanced while 127 declined and 36 issues remained unchanged.

Source: Bangladesh Sangbad Sangstha (BSS)