Bourses slip again

Country’s premier bourse, Dhaka Stock Exchange (DSE) slipped back again on Wednesday, snapping a two-day winning streak as cautious investors went on selling binge on sector-specific shares to escape any loss, reports BSS. The broad index, DSEX closed at 4409.62 points on Wednesday with a loss of 56.45 points or 1.26 percent.

Besides, the two selective indices, Blue Chip index, DSE30 and Shariah index, DSES also went down by 15.05 points and 14.48 points to settle at 1470.11 points and 1023.60 points respectively. On the DSE trading floor, a total number of 148,370 trades were executed in today’s trading session with a trading volume of 222.91 million securities.

Market turnover, another crucial indicator, stood at Taka 5.10 billion, which was also lower over previous day’s mark of Taka 6.09 billion. Loser took a strong lead over gainers as out of 356 issues traded, 80 securities gained price while 243 declined and 33 remained unchanged. The top 10 gainers were Hakkani Pulp, ICB Sonali 1 Mutual Fund, CVO PRL, International Leasing, Standard Ceramics, Union Capital, GlaxoSmithKline, Eastern Bank, NRB Mutual Fund, Stylecraft and CAPM BDBL Mutual Fund.

Silva Pharma topped the turnover chart followed by Orion Pharma, SK Trims, VFS Thread, Saiham Textile, Lafarge Holchim Bangladesh, GlaxoSmithKline, Far Chemical, Square Pharma and Orion Infusion. The top 10 losers were ML Dying, RN Spinning, Central Pharma, Silva Pharma, Olympic Accessories, Golden Harvest, Fareast Knitting, Yeakin Polymer, Far Chemical and Metro Spinning.

On the other hand, port city bourse, Chittagong Stock Exchange (CSE) also closed at red from the gaining streak of previous days. CSCX and CASPI declined by 107.76 points and 174.76 points to stand at 8175.12 points and 13491.28 points respectively.

At CSE, a total of 10,817,560 shares and mutual fund of 249 companies were traded, of which 59 issues advanced while 161 declined and 29 issues remained unchanged.