Thursday, 28 October, 2021

Stocks maintain downward trend

  • Staff Correspondent
  • 13 October, 2021 12:00 AM
  • Print news

Stocks on the premiere bourse fell on Tuesday for the second straight session as most of the investors witness price fall in large-cap securities.

DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), went down by 31.59 points or 0.43 per cent to settle at 7,313 points.

The DS30 index, comprising blue chips dropped 7.40 points or 0.27 per cent to finish at 2,749 and the DSE Shariah Index (DSES) declined 5.61 points or 0.35 per cent to close at 1,591.

Turnover, another important indicator of the market, gained to Tk 18.64 billion on the prime bourse, which was 0.82 per cent lower than the previous day’s tally of Tk 18.49 billion.

Losers took a strong lead over the gainers, as out of 365 issues traded, 244 closed lower, 93 higher and 38 remained unchanged on the DSE trading floor.

A total of 255,822 trades were executed in the day’s trading session with a trading volume of 435.70 million shares and mutual fund units.

LafargeHolcim Bangladesh topped the day’s turnover chart with shares of Tk 1.50 billion changing hands, closely followed by Orion Pharma, IFIC, Power Grid and Delta Life.

NRB Commercial Bank Limited was the day’s best performer, posting a gain of 9.72 per cent, closely followed by Kattali Textile Limited, Deshbandhu Polymer Limited, GBB Power Ltd, Intech Limited, Advent Pharma Limited, South Bangla Agriculture & Commerce Bank Limited, Beacon Pharmaceuticals Limited, National Housing Fin. and Inv. Ltd and Eastern Lubricants Ltd.

Tamijuddin Textile Mills Limited was the day’s worst loser, plunging by 7.51 per cent, closely followed by Envoy Textiles Limited, Tallu Spinning Mills Ltd, Alif Manufacturing Company Ltd, Maksons Spinning Mills Limited, Ambee Pharmaceuticals Ltd, SAIF Powertec Limited, Matin Spinning Mills Ltd, Sea Pearl Beach Resort & Spa Limited and Taufika Foods and Lovello Ice-cream PLC.

The Chittagong Stock Exchange (CSE) also ended marginally higher with the CSE All Share Price Index – CASPI –gaining 128 points to settle at 21,360 and the Selective Categories Index – CSCX – rising 76 points to close at 12,828.

Of the issues traded, 206 declined, 73 advanced and 22 remained unchanged on the CSE trading floor.

The port city’s bourse traded 20.17 million shares and mutual fund units with a turnover value of Tk 631 million.