ZCZC
BSS-41
STOCK-CLOSED
Bourses observe another downbeat
DHAKA, Oct 7, 2019 (BSS) – The premier bourse in the country, Dhaka Stock
Exchange (DSE) closed today registering another downbeat session amid day-
long selling pressure.
The gloomy market outlook kept the investors worried and displayed a poor
participation.
The shaky investors opted to liquidate their portfolios in fuel and power,
telecom, textile, bank, financial institution, engineering and food sectors
to escape further losses which contributed to the fall in indices, according
to market operator, International Leasing Securities.
With a loss of 22.37 points or 0.45 percent from the previous day, the
broad index, DSEX closed in red at 4894.31 points on Monday.
Some optimistic investors, however, took position in ceramic, mutual fund
and pharmaceutical sectors.
Besides, the two selective indices, DSE30 also declined by 8.19 points
while the Shariah index, DSES decreased by 2.73 points to stand at 1739.48
points and 1131.37 points respectively.
Total turnover remained shallow and decreased by 2% or Taka 52.3 million
from last day’s session to stand at Taka 3.02 billion.
On the DSE trading floor, a total number of 104,919 trades were executed in
today’s trading session with a trading volume of 104.27 million securities.
Losers took a strong lead over the gainers as out of 354 issues traded, 74
securities gained price while 251 declined and 29 remained unchanged.
Engineering sector dominated the turnover chart with 21.3% turnover while
national tubes grabbed 8.4% alone.
Sector wise performance exposed that ceramic (1.3%), mutual fund (1.0%) and
pharma (0.3%) experienced highest price appreciation while jute (-4.3%), it
(-2.4%) and paper (-1.9%) sectors experienced highest price correction in
today’s session.
Investors exerted selling pressure on telecommunication, fuel and power and
food and allied sectors.
Engineering, pharma and mutual fund sector stopped the turnover by
contributing 21.3%, 13.1% and 11.2% of the total respectively, according to
EBL Securities.
The top ten gainers were CAPM IBBL Mutual Fund, ICB 3rd NRB Mutual Fund,
ICB Employee Mutual Fund 1Scheme 1, ICB Agrani 1 Mutual Fund, Atlas Bangla,
Eastern Cables, Exim Bank First Mutual Fund, Prime Tex, Prime 1 ICBA and ICB
Sonali 1 Mutual Fund.
National Tubes topped the turnover chart followed by Wata Chemicals,
Standard Ceramics, Monno Stafflers, United Power, Eastern Cables, Stylecraf,
CAPM IBBL Mutual Fund, Atlas Bangla and Monno Ceramics.
The top ten losers were First Finance Mutual Fund, Northern Jute, BIFC,
SEML FBSL Growth Fund, United Air, Tallu Spinning, Desh Garment, Alif
Industries, Dhaka Insurance and Coppertech.
Besides, the port city bourse, Chittagong Stock Exchange (CSE) registered a
downbeat maintaining the previous day. CSCX and CASPI decreased by 50.57
points and 82.82 points to stand at 9036.35 points and 14883.21 points
respectively.
At CSE, a total of 4,057,177 shares and mutual fund of 246 companies were
traded, of which 61 issues advanced while 152 declined and 33 issues remained
unchanged.
BSS/MAK/BZC/2000HRS