Stocks snap six-day winning streak
DHAKA, Jan 23, 2022 (BSS) - Country's both the stocks registered gentle
correction today ending the winning streak of last sixth sessions as risk-
averse investors rushed for profit booking.
DSEX, the prime index of Dhaka Stock Exchange (DSE), went down by 32.69
points or 0.46 per cent to settle at 7,073. Two other indices also edged
lower. The DSE 30 Index, comprising blue chips, dropped 5.93 points to finish
at 2,629 and the Shariah Index (DSES) saw a fractional loss of 0.30 points to
close at 1,508.
Turnover, a crucial indicator of the market, dropped further and amounted
to Tk 14.82 billion, which was 7.43 per cent lower than the previous day's
tally of Tk 16.01 billion.
Losers took a strong lead over the gainers, as out of 378 issues traded,
248 declined, 102 advanced and 28 issues remained unchanged on the DSE floor.
Beximco, which lost 1.37 per cent, was the most traded stock with shares
worth Tk 1.56 billion changing hands, followed by Bangladesh Shipping
Corporation (Tk 643 million), Power Grid Company (Tk 560 million), Asia
Insurance (Tk 372 million) and Apex Footwear (Tk 361 million).
Newly listed Union Insurance was the day's top gainer, posting a 10 per
cent gain while the state-run Padma Oil Company was the worst loser, losing
6.59 per cent.
The Chittagong Stock Exchange (CSE) also ended lower with the CSE All-Share
Price Index - CASPI -shedding 115 points to settle at 20,702 and the
Selective Categories Index - CSCX-losing 68 points to close at 12,436.
Of the issues traded, 199 declined, 75 advanced and 30 remained unchanged
on the CSE.
The port city bourse traded 12.57 million shares and mutual fund units with
a turnover value of Tk 388 million.