Stocks go down

Staff Correspondent

30 September, 2020 12:00 AM printer

Stocks go down

Stocks on the premiere bourse fell on Tuesday and made a lower turnover as risk-averse investors opted for booking profits on quick-gaining stocks.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 21.25 points or 0.42 per cent to settle at 4,982.

DS30 index, comprising blue chips, lost 7.47 points or 0.44 percent to finish at 1,705 and Shariah Index fell 5.52 points or 0.49 to close at 1,125.

Turnover dropped to Tk 8.53 billion, which was 3.0 per cent lower than the previous session’s Tk 8.79 billion.

Out of 356 issues traded, 167 closed higher, 140 ended lower while 49 issues remained unchanged on the DSE trading floor.

A total of 171,651 trades were executed in the day’s trading session with a volume of 330.63 million shares and mutual fund units.

However, the market-cap on the premier bourse jumped to Tk 3,986 billion on Tuesday, from Tk 3,978 billion in the previous session.

Beximco topped the turnover list with shares worth Tk 344 million changing hands, closely followed by Beximco Pharma, Paramount Textile, Nitol Insurance and Sandhani Life Insurance.

Paramount Textile was the day’s best performer, posting a gain of 9.92 per cent, closely followed by Express Insurance, EBL First Mutual Fund, Karnaphuli Insurance Company, Green Delta Mutual Fund and Republic Insurance Company.

United Airways was the worst loser, losing 7.69 to close its share at Tk 2.40 each, closely followed by Fine Foods, GQ Ball Pen Industries, First Finance, Orion Infusion and Mithun Knitting and Dyeing.

The Chittagong Stock Exchange also ended lower with its All Shares Price Index (CASPI) losing 37 points to close at 14,261 while the Selective Categories Index (CSCX) shedding 22 points to close at 8,560.

Of the issues traded, 136 declined, 112 advanced and 39 remained unchanged on the CSE.

The port city bourse traded 17.17 million shares and mutual fund units with turnover value of Tk 635 million.