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Bourses continue downbeat


Bangladeshpost
Published : 14 Oct 2019 12:43 PM | Updated : 06 Sep 2020 01:05 AM

Country’s capital bourse, Dhaka Stock Exchange (DSE), today ended maintaining downbeat of previous day’s trading session, reports BSS.

With a loss of 48.34 points or 1.00 percent from the previous day, the broad index, DSEX closed in red at 4761.87 points on Sunday.

Besides, the two selective indices, DSE30 also declined by 15.37 points while the Shariah index, DSES decreased by 11.74 points to stand at 1689.16 points and 1099.87 points respectively.

The depressed market outlook kept the investors worried, which displayed poor market participation and dropped below Taka 3.0 billion.

On the DSE trading floor, a total number of 100,937 trades were executed in today’s trading session with a trading volume of 85.99 million securities.

Losers took a strong lead over the gainers as out of 345 issues traded, 41 securities gained price while 267 declined and 37 remained unchanged.

All the sectors, especially telecom, engineering, financial institutions, textile, bank, and fuel and power sectors contributed notably to the fall of the indices.

Top ten traded stocks captured around 38.6% of the day’s total turnover where national tubes topped the turnover list with 8.5% contribution.

Most of the sectors witnessed correction today. Among the major sectors based on market capitalization-telecom (-2.2%), engineering (-2.4%), financial institution (-2.0%), textile (-2.3%) and bank (-0.6%) sectors witnessed price correction while jute (5.0%) and pharma (0.1%) sectors achieved price appreciation.

The investors’ activity was mostly centered on engineering (21.9%), pharma (20.0%) and textile (8.2%) sectors while national tubes (8.5%), Wata Chemicals (4.9%) and Beacon pharma (4.4%) led the turnover board today, according to International Leasing Securities.

The top ten gainers were Sonali Ansh, ML Dying, Rahim Tex, CAPM IBBL Mutual Fund, Pharma Aid, BD Lamps, Western Marine Shipyard, Mutual Trust Bank, Square Pharma and Ambee Pharman.

National Tubes topped the turnover sheet followed by Wata Chemicals, BSCCL, Monno Stafflers, BSC, Silco Pharma, Square Pharma, Beacon Pharma, Standard Ceramics and Summit Power.

The top ten losers were Mozaffar Hossain Spinning, Fortune Shoes, RN Spinning, Monno Ceramics, Zahin Tex, Kattali Tex, Nahee Aluminum, National Polymar, ICB Employee Mutual Fund 1 Scheme 1 and Prime Insurance.

Besides, the port city bourse, Chittagong Stock Exchange (CSE) registered a downbeat maintaining the previous day. 

CSCX and CASPI decreased by 86.13 points and 145.19 points to stand at 8814.43 points and 14510.21 points respectively.

At CSE, a total of 5,284,095 shares and mutual fund of 236 companies were traded, of which 30 issues advanced while 181 declined and 25 issues remained unchanged.