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Tuesday, March 24, 2015, Chaitra 10, 1421 BS, Jamadius Sani 2, 1436 Hijr

Stock Market Update
Bourses slip into red amid choppy trading
Business Desk
Published : Tuesday, 24 March, 2015,  Time : 12:00 AM,  View Count : 13

Stocks returned to the red on Monday, after gaining in the last two sessions amid choppy trading as worried investors went for short-term profit booking.
DSEX, the main index of Dhaka Stock Exchange (DSE), closed the day 26.65 points lower at 4506.55 when the blue-chip DS30 ended at 1711.57 and the Shariah DSES at 1096.37.
The daily turnover rose significantly to 6.80 crore shares worth Tk 314 crore from Sunday's 60.7 million shares worth of Tk 2.68 billion.
Most of the trading issues finished lower on the day due to the selling spree by a large number of investors who were booking profits.
Savar Refractories that reported loss early this year was at the top of the day's 188 lagging issues followed by Unique Hotel, United Insurance, Jute Spinning and Pioneer Insurance.
Monno Ceramic led the day's 83 gaining issues with BRAC Bank, BSCCL, SIBL and Golden Son among the top five advancing issues.
SPCL topped the most liquid issues followed by One Bank, ACI, IFAD Autos and GP.
One Bank saw higher activities on the day following its announcement of 12.50 per cent cash and 12.50 per cent stock dividend for 2014.
IFAD Autos was also traded actively on increasing price though the company already reported that it did not have any undisclosed price sensitive information.
Chittagong Stock Exchange (CSE) the port city bourse, also closed in the red with its Selective Categories Index - CSCX - lost 30.47 points to close at 8,345.82 points.
Losers beat gainers 126 to 72, with 29 issues remaining unchanged at the port city bourse that traded 5.96 million shares and mutual fund units with turnover value of Tk 216.93 million.

Editor : Iqbal Sobhan Chowdhury
Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka. Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000. Phone :9586651-58. Fax: 9586659-60, Advertisemnet: 9513663, E-mail: [email protected], [email protected], [email protected]