DHAKA: Breaking a day gaining streak, stocks rebound Sunday (April 28) as all indices of the country’s two bourses-Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) were in red zone as investors lost confidence over the market.
However, the turnover in DSE, the important indicator of the market, declined to Tk 3442.58 million from the Thursday’s Tk 3829.73 million.
Today’s DSEX index was the lowest one of this year.
DSEX, the key index of DSE, lost 27.98 points or 27.98 percent to settle at 5,238.19 points.
Two other indices followed the same trend. Shariah index-DSES shed over 5.62 points or 0.46 percent to settle at 1209.24 points.
DS-30 went down by 8.02 points or 0.43 percent to close at 1,855.91 points.
“Market started with downbeat tune and continued till the end of the session as investors lost confidence over the market due to earnings declaration from several scrips that could not meet expected growth”, said eblscurities, in its daily market analysis.
Losers dominated the day’s trading on DSE as out of a total 344 traded issues, 95 gained against 208 losing securities and 41 remained unchanged.
National Polymer Industries Ltd was topped the turnover leaders with shares worth Tk 169.28 million traded followed by Fortune Shoes and Monno Ceramic.
Top five gainers were GENEXIL, APEXFOODS, STANCERAM, IBP and KARNAPHULI.
In the port city Chattogram, the CSE ended lower with its All Share Price Index – CASPI –losing 93.84 points or 0.58 percents to close at 16,052.65.
The losers beat the gainers as 129 issues closed down against 84 gaining issues and 22 remained unchanged on the CSE.
The port city bourse traded 4.97 lakh shares and mutual fund units worth Tk 143.65 million in turnover.
BDST: 1911 HRS, APR 28, 2019
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