All indices, turnover decline on DSE
Tuesday, 30 October 2007
FE Report
Stock prices on the Dhaka Stock Exchange (DSE) Monday declined following price correction of some over-priced shares.
Market operators said the prices of over-priced issues will come down normally in the price correction process, although most of the retail investors invested whimsically and based on rumours in the stock market.
In the downward stock market all the indices and turnover as well as the total market capitalisation declined Monday.
On the day, DSE General Index (DGEN), All Shares Price Index (DSI) and DSE-20 Index (DS20) declined 24.494 points, 13.885 points and 1.617 points to close at 2862.460, 2434.545 and 2240.632 respectively.
The total turnover declined to Tk 2.024 billion from its previous Tk 2.393 billion. The total market capitalistion also declined to Tk 699.360 billion from its previous Tk 702.648 billion.
Out of 227 traded issues prices of 75 gained, 140 declined and 12 remained unchanged.
Islami Bank was the turnover leader with traded shares worth Tk 130.261 million followed by BRAC Bank Tk 123.703 million, Trust Bank 118.089 million, AB Bank Tk 76.238 million, Rupali Bank Tk 75.982 million, Beximco Pharma Tk 75.175 million, Summit Power Tk 68.729 million, Grameen One Tk 61.724 million, AIMS Tk 52.777 million and UCBL Tk 52.149 million.
BRAC Bank declined 2.28 per cent to Tk 1475.50, Trust Bank 2.48 per cent to Tk 1127.50, AB Bank 2.53 per cent to Tk 2884.50, Beximco Pharma 1.43 per cent to Tk 75.70, Summit Power 0.78 per cent to Tk 1522.00, Grameen One 0.96 per cent to Tk 82.40, AIMS 0.86 per cent to Tk 9.12 and UCBL 1.61 per cent to Tk 4843.25.
Stock prices on the Dhaka Stock Exchange (DSE) Monday declined following price correction of some over-priced shares.
Market operators said the prices of over-priced issues will come down normally in the price correction process, although most of the retail investors invested whimsically and based on rumours in the stock market.
In the downward stock market all the indices and turnover as well as the total market capitalisation declined Monday.
On the day, DSE General Index (DGEN), All Shares Price Index (DSI) and DSE-20 Index (DS20) declined 24.494 points, 13.885 points and 1.617 points to close at 2862.460, 2434.545 and 2240.632 respectively.
The total turnover declined to Tk 2.024 billion from its previous Tk 2.393 billion. The total market capitalistion also declined to Tk 699.360 billion from its previous Tk 702.648 billion.
Out of 227 traded issues prices of 75 gained, 140 declined and 12 remained unchanged.
Islami Bank was the turnover leader with traded shares worth Tk 130.261 million followed by BRAC Bank Tk 123.703 million, Trust Bank 118.089 million, AB Bank Tk 76.238 million, Rupali Bank Tk 75.982 million, Beximco Pharma Tk 75.175 million, Summit Power Tk 68.729 million, Grameen One Tk 61.724 million, AIMS Tk 52.777 million and UCBL Tk 52.149 million.
BRAC Bank declined 2.28 per cent to Tk 1475.50, Trust Bank 2.48 per cent to Tk 1127.50, AB Bank 2.53 per cent to Tk 2884.50, Beximco Pharma 1.43 per cent to Tk 75.70, Summit Power 0.78 per cent to Tk 1522.00, Grameen One 0.96 per cent to Tk 82.40, AIMS 0.86 per cent to Tk 9.12 and UCBL 1.61 per cent to Tk 4843.25.