DSE indices continue to fall

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FE Report
The indices on the Dhaka Stock Exchange (DSE) continued to slide for the second consecutive day Monday due to price correction and ongoing flood across the country.
Market operators said the investors feel unsafe for investing more money in the downward trend of the market created from the withdrawal of the financial adjustment facility recently.
On the other hand, a source in the Securities and Exchange Commission (SEC) said the regulatory watchdog has no plans to change the decision regarding financial adjustment facility.
On Monday, DSE General Index (DGEN), DSE-20 Index (DS20) and All Shares Price Index (DSI) declined 14.794 points, 13.838 points and 10.604 points to close at 2239.766, 1987.590 and 1859.510 respectively.
The total turnover declined to Tk 1.058 billion from Tk 1.094 billion on the previous day. The total market capitalisation declined to Tk 523.663 billion from Tk 532.520 billion on the previous day.
Out of 215 traded issues, prices of 61 gained, 134 declined and 20 remained unchanged on the day.
Summit Power maintained its position as turnover leader with traded volume worth Tk 270.860 million followed by Square Pharma Tk 62.409 million, BRAC Bank Tk 51.319 million, Pubali Bank Tk 32.934 million, UCBL Tk 32.057 million, NBL Tk 26.915 million, Desco Tk 26.535 million, Southeast Bank Tk 24.289 million, Social Investment Bank Tk 23.635 million and IFIC Bank Tk 23.270 million.
Square Pharma declined 2.00 per cent to Tk 4790.50, BRAC Bank 0.91 per cent to Tk 890.75, Pubali Bank 1.55 per cent to Tk 841.00, UCBL 2.02 per cent to Tk 3445.25, NBL 1.24 per cent to Tk 932.50 and Social Investment Bank 0.08 per cent to Tk 2597.00.