Stocks maintain downtrend as major sector dip

19th July, 2017 12:17:22 printer

Both the stock markets were down further on Tuesday with all indices sliding down as most of the major sectors closed lower.
The falling major sectors were financial institution, textile and food and allied. A total of 144 securities of the large-cap group incurred losses due to lower activities, reports BSS.
The major DSEX index of Dhaka Stock Exchange (DSE) decreased 5.16 points to close at 5,819.26, when the blue-chip DS30 and Shariah DSES finished the day 1.21 points down to 2134.25 and 2.03 points down to 1322.10 respectively.
Out of 331 traded issues, 177 incurred loss when only 110 closed with some gains. Most of the losing issues were from large-cap securities.
The day's trade value at DSE decreased to Taka 962.23 crore from Monday's Taka 1147.61 crore and the daily trade also fell to 25.87 crore shares from 31.99 crore shares of the previous session.
GQ Ball Pen, ICB AMCL 2nd, HAKKANIPUL, ANWARGALV and Brac Bank were the day's top gainers while the major losers were SAVAREFR, BD Finance, Dulamia Cotton, Beach Hatchery and BIFC.
Ifad Autos topped the turnover list followed by SPCL, Confidence Cement, Doreen Power and SIMTAX.
Like on Monday, Chittagong Stock Exchange (CSE) also finished Tuesday's session in red, with major CASPI index closing 15.13 points down at 18,065.62.
Out of the traded 258 issues, 89 advanced, 135 incurred loss and 34 remained static when 1.76 crore shares worth Taka 53.03 crore changed hands.