DHAKA Both the bourses of the country slipped
further today following the selling tendency of pessimistic investors.
Maintaining the downbeat trend of previous day, premier bourse Dhaka Stock
Exchange (DSE) opened the morning session on Wednesday with a loss of the
broad index. It rebounded a bit later, but could not sustain the momentum
till the end of the last trading hour.
The broad index, DSEX closed at 4951.73 points with a decline of 6.98
points or 0.14 percent from the previous day.
Market witnessed a muted session as risk averse investors followed wait
and see' approach which kept participation low, said a market operator, EBL
Besides, the market turnover decreased by 21 percent from last day's
session and stood at Taka 3.18 billion.
In addition, the two selective indices, DSE30 decreased by 7.39 points
while DSES increased slightly by 0.40 points to stand at 1766.71 points and
1145.70 points respectively.
On the DSE trading floor, a total number of 101,593 trades were executed in
today's trading session with a trading volume of 105.98 million securities.
Gainers took a strong lead over the losers as out of 353 issues traded, 147
securities gained price while 141 declined and 65 remained unchanged.
Investors exerted selling pressure on telecommunication, bank and food and
Sector wise performance exposed that general insurance (1.6pc), jute
(1.1pc) and tannery (1.0pc) experienced highest price appreciation while
paper ( 1.3pc), life insurance ( 1.1pc) and telecom ( 0.8pc) sector
experienced highest price correction in today's session.
Investors' focus was mostly concentrated on general insurance (24.2pc),
engineering (14.5pc) and pharma (9.9pc) sectors, according to the EBL
The top 10 gainers were SEML LEC Management Fund, People Leasing, National
Tubes, Republic Insurance, Renwick Jajneswar, CAPM BDBL Mutual Fund 1,
Eastern Insurance, Pragati Insurance, Fortune and Paramount Insurance.
Monno Stafflers topped the turnover chart followed by Sonarbangla
Insurance, National Tubes, GP, VFS Thread, Eastern Insurance, Beacon Pharma,
Rupali Insurance, Fortune and Monno Ceramic.
The top 10 losers were Monno Stafflers, National Life Insurance, Aramit
Cement, BD Welding, Agni System, Savar Refractories, JMI Syringe, Shasha
Denim and Shurwid Industries.
Besides, the port city bourse, Chittagong Stock Exchange (CSE) maintained
the downbeat of previous day. CSCX and CASPI decreased by 36.17 and 61.69
At CSE, a total of 6,628,845 shares and mutual fund of 237 companies were
traded, of which 84 issues advanced while 120 declined and 33 issues remained
Source: Bangladesh Sangbad Sangstha (BSS)