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Dhaka stocks close mixed

February 21, 2008 00:00:00


FE Report
Dhaka stocks closed mixed Wednesday, the last trading day of the week after consecutive three-day of losing sessions amid continuous decline in turnover.
The market will remain closed for the next three consecutive days from today (Thursday) due to International Mother Language Day and weekly holidays (Friday and Saturday).
Trading began with negative note from the very outset but after two hours the key index climbed nearly 30 points and it started to dip again an hour before close of the trade.
The indices -- benchmark Dhaka Stock Exchange (DSE) General Index (DGEN) and the All Shares Price Index (DSI) -- shed 23.83 points and 15.19 points to close at 2840.21 and 2400.97 respectively. However, the DSE-20 Index (DS20), the barometer of blue-chip companies gained 11.30 points to finish at 2294.87.
Dominated by gainers, the total turnover further dipped to Tk 1.27 billion from previous day's Tk 1.39 billion.
Out of 230 issues traded on the day, 128 advanced, 86 declined and 16 remained unchanged. The total market capitalisation also declined to Tk 784.47 billion from Tuesday's Tk 788.45 billion.
Share prices of Summit Power, the day's top turnover leader with Tk 111.69 million traded tumbled by 39.26 per cent to close at Tk 950.25 per share as the issue went ex-dividend.
AB Bank was the second turnover leader with shares worth Tk 85.53 million followed by Grameen One, a leading mutual fund with Tk 81.29 million, Jamuna Oil Tk 64.59 million and Meghna Petroleum Tk 58.61 million changing hands.

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