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Monday, October 27, 2014, Kartik 12, 1421, Muharram 2, 1436 Hijr


Stocks slide for 3rd running session
Business Desk
Publish Date : 2014-10-27,  Publish Time : 00:00,  View Count : 10
All of the indices at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) slid for the third consecutive session on the strike-hit Sunday, the opening day of the week as dominant small investors booked profit, dealers said.
The turnovers were also smaller in the both the bourses as a daylong nation-wide Islamist hartal (general strike) prevented most investors to participate in the trading.
At the DSE the prime index DSEX closed at 5,111.63 points, shedding 42.46 points or 0.82 per cent from previous session while the DS30, comprising blue chips lost 16.78 points or 0.86 per cent to close at 1,926.89 points and the Shariah index, DSES lost 10.86 points or 0.89 per cent to end at 1,205.37 points.
At CSE the Selective Categories Index CSCX  dropped  62.89 points to close at 9,614.97 as losers beat gainers 160 to 46, with 13 issues remaining unchanged at the port city bourse that traded 9.94 million shares and mutual fund units with turnover value of Tk 385.64 million.
At the DSE the total turnover further slid to Tk 5.29 billion, which was 7.51 per cent lower compared to previous session's value of Tk 5.72 billion.
The losers took a strong lead over the gainers as out of 303 issues traded, 190 declined, 82 advanced and 31 remained unchanged on the DSE floor.
The total market capitalisation of the DSE came down to 3,375.73 billion against Tk 3,384.92 billion in the previous session. GP was the most traded stock with shares worth Tk 295.84 million changing hands followed by Titas Gas, KPCL, MJL BD and Square Pharma. Shahjibazar Power Company was the day's highest gainer for the third running session, posting a rise of 9.96 per cent while Beacon Pharma was the day's worst loser, slumping by 8.05 per cent.





Editor : Iqbal Sobhan Chowdhury
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