Bourses begin week in downbeat

Country’s premier bourse, Dhaka Stock Exchange (DSE) started week in downbeat despite heavyweight Grameenphone’s shares surged following payment of Taka 10 billion to Bangladesh Telecommunication Regulatory Commission, reports BSS.

The broad index, DSEX closed at 4698.89 points on Sunday, first day of week, with a loss of 34.24 points or 0.72 percent. Besides, the two selective indices, Blue Chip index, DSE30 and Shariah index, DSES also went up by 1.04 points and 3.81 points to settle at 1591.75 points and 1085.99 points respectively.

On the DSE trading floor, a total number of 158,563 trades were executed in today’s trading session with a trading volume of 207.02 million securities. Market turnover, another crucial indicator, stood at Taka 6.68 billion, declined further by 13 percent over previous day’s mark of Taka 7.70 billion.

Loser took a strong lead over gainers as out of 356 issues traded, 70 securities gained price while 263 declined and 23 remained unchanged. The top 10 gainers were Orion Infusion, Sea Perl Resort, Grameenphone, VFS Thread, Peninsula Chittagong, Orion Pharma, Beacon Pharma, Sonargaon Textile, Hakkani Pulp and Confidence Cement. Grameenphone topped the turnover chart followed by Orion Pharma, SK Trims, Summit Power, Orion Infusion, Confidence Cement, Golden Harvest, BSRM Limited, VFS Thread and LafargeHolcim Bangladesh. The top 10 losers were Prime Insurance, Meghna Petroleum, ICB 3rd NRB Mutual Fund, Northern Jute, First Prime Finance Mutual Fund, Saiham Textile,

First Prime ICBA Mutual Fund, Union Capital, ICB Agrani First Mutual Fund and BSRM Steel. On the other hand, port city bourse, Chittagong Stock Exchange (CSE) also closed at red extending the losing trend of previous day. CSCX and CASPI declined by 85.84 points and 144.64 points to stand at 8726.39 points and 14380.09 points respectively.

At CSE, a total of 10,793,833 shares and mutual fund of 254 companies were traded, of which 43 issues advanced while 195 declined and 16 issues remained unchanged.