Monday | 7 October 2024 | Reg No- 06
বাংলা
   
Monday | 7 October 2024 | Epaper
BREAKING: Four die, 1225 patients hospitalised with dengue      105 children killed in mass uprising      Saber Hossain Chowdhury arrested      50,000 people marooned as over 100 villages flooded in Netrokona      Preliminary list of 735 martyrs killed in July-Aug mass uprising published      Mahmudur Rahman demands banning Chhatra League in a week      Israeli strike on mosque in Gaza kills 26      

Stocks back to losing tracks after 2-day gaining streak

Published : Monday, 25 March, 2024 at 12:00 AM  Count : 103
Stocks returned to the losing tracks on Sunday, halting a two-day gaining streak, as the dominant small investors were back to selling spree pulling down indices on both the bourses - Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE).

DSEX, the prime index of the DSE lost by more than 40 points, or 0.68 per cent, to settle at 5,901, after gaining 127 points in the past two trading days.

Two other indices also ended lower with the DSE 30 Index, comprising blue chips, shed more than 6 points to finish at 2,051, and the DSE Shariah Index (DSES) lost 8.0 points to 1,285.

Turnover, a crucial indicator of the market, also dropped to Tk 5.80 billion on the countrys premier bourse, falling by 5.0 per cent over the previous days mark of Tk 6.10 billion.

More than 76 per cent traded issues saw price corrections, as out of 397 issues traded, 304 closed lower, 65 lower and 28 remained unchanged on the DSE trading floor.

The newly listed Asiatic Laboratories became the most traded shares, with shares worth Tk 330 million changing hands, followed by Best Holdings, Fu-Wang Ceramic, Golden Son and Central Pharma.

The price fall of Robi Axiata, Walton, Beacon Pharma, Best Holdings, AB bank and Brac Bank dragged the market index down.

Asiatic Laboratories was also the days top gainer, posting a 9.96 per cent rise while AB Bank was the worst loser, shedding 7.92 per cent.

At the CSE its All Shares Price Index (CASPI) losing 65 points to 16,872 and the Selective Categories Index (CSCX) shedding 38 points to 10,130.



LATEST NEWS
MOST READ
Also read
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: PABX- 41053001-06; Online: 41053014; Advertisement: 41053012.
E-mail: info©dailyobserverbd.com, news©dailyobserverbd.com, advertisement©dailyobserverbd.com, For Online Edition: mailobserverbd©gmail.com
🔝