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Stocks dip as deadly anarchy spread across Bangladesh

Published : Monday, 5 August, 2024 at 12:00 AM  Count : 206
Country's both the bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)-- plunged on Sunday as the dominnt small investors offloaded shares at cheaper price following spread of deadly anarchy across the country.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 104.67 points or 1.96 percent to 5,229.27. Two other indices also ended sharply lower with the DSE 30 Index, comprising blue chips, plunged 41.82 points to finish at 1,859.03 and the DSE Shariah Index (DSES) lost 21.53 points to close at 1,143.85.

Turnover, a crucial indicator of the market, decreased to Taka 2,078.35 million, which was Taka 5,527.55 million at the previous session of the week. Out of 397 issues traded, 372 declined, six advanced and 19 remained unchanged on the DSE trading floor.

UNILEVERCL was the day's top gainer, posting 2.04 percent gain while ZEALBANGLA was the worst loser, losing 3 per cent.

The Chittagong Stock Exchange (CSE) also ended sharply lower with the CSE All Share Price Index - CASPI -losing 193.19 points to settle at 14,926.05 and the Selective Categories Index - CSCX shedding 117.94 points to close at 8,995.37.

Of the issues traded, 154 declined, 10 advanced and 11 issues remained unchanged on the CSE trading floor.

The port city's bourse traded 9.59 lakh shares and mutual fund units with turnover value worth about Taka 3.33 crore. 



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