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DSE stocks decline on profit-taking

June 06, 2007 00:00:00


FE Report

The stock prices on Dhaka Stock Exchange (DSE) declined on profit-taking Tuesday with the fall of power sector issues. 

Most of the banking issues, however, rose on the day.

The total turnover also declined to Tk 1.797 billion (179.7 crore) from Tk 1.846 billion of the previous day.

On the other hand, the total market capitalisation declined to Tk 446.614 billion from Tk 448.916 billion of the previous day.

The All Shares Price Index (DSI) and DSE General Index (DGEN) shed 10.396 points and 10.613 points to close at 1655.407 and 2006.828 respectively. However, the DSE 20 the index of blue-chip issues slightly gained by 3.990 points to 1778.506.

Out of 190 traded issues, prices of 62 gained, 107 declined and 21 remained unchanged.

The Power Grid was the turnover leader at Tk 259.727 million, followed by Summit Power at Tk 149.979 million, BRAC Bank Tk 138.427 million, Southeast Bank Tk 133.631 million, Square Pharma Tk 110.587 million, Pubali Bank Tk 84.605 million, Prime Bank Tk 77.607 million, Desco Tk 67.291 million, Heidelberg Cement Tk 56.778 million and National Bank Limited (NBL) Tk 54.703 milion.

Prices of the Power Grid shares declined by 4.33 per cent to Tk 606.25 per share, Summit Power shares declined by 9.00 per cent to Tk 848.50, Desco by 1.48 per cent to Tk 846.75, BRAC Bank by 1.70 per cent to Tk 733.25, Square Pharma by 2.25 per cent to Tk 3641.50, Heidelberg Cement by 5.10 per cent to Tk 961.50 and NBL by 0.10 per cent to Tk 722.75.

On the other hand, prices of Dhaka Bank shares gained by 5.63 per cent to Tk 525.25, Eastern Bank gained by 0.43 per cent to Tk 755.25, Mutual Trust Bank by 3.10 per cent to Tk 398.75, NCC Bank 3.93 per cent to Tk 284.25, Southeast Bank by 2.88 per cent to Tk 454.75, Pubali Bank by 1.83 per cent to Tk 680.50, Prime Bank by 2.04 per cent to Tk 774.00 and Bank Asia by 1.48 per cent to Tk 376.75.

The prices of Rupali Bank shares dipped by 2.89 per cent to Tk 1776.25 as there was no positive development relating to handover of the bank's ownership to Saudi Prince


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