All indices mark sharp dip

FE Report | Published: January 20, 2015 00:00:00 | Updated: January 19, 2015 22:22:28

All market barometers Monday dipped sharply amid tension and cautiousness following the ongoing political turmoils, stock brokers said.
On the day the turnover value rose a little bit but all market indices including the benchmark index went down on the country's both the bourses.
Amid declining trend National Feed Mill Monday made its robust debut trading with a rise of 323.0 per cent in market price.
DSE Benchmark Index DSEX went down by 1.02 per cent or 50.29 points to close at 4867.08 points.
DSE Shariah Index shed 0.79 per cent or 9.19 points to close at 1153.27 points whereas DSE30 lost 0.93 per cent or 27.07 points to close at 1803.63 points.
Among 304 traded issues, 43 advanced, 239 declined and remaining 22 remained unchanged.
At the end of the day's trading session, the turnover value stood at Tk 2.85 billion which is 13.40 per cent up than the value observed in previous trading session.
"As political worries keep strangling opportunity of economic revive, the market extended its tone of negativity for another session, slashing 50.3 points off from DSEX, trimming it down to 4,867.1 points," IDLC Investments said in its daily market commentary.
"Benchmark index breached the 4,900 mark today on growing concern over political collision which is deterring the daily business activities of the country,' said another market commentary of the LankaBangla Securities.
On Monday the shares of National Feed Mill, went public with an offer price of Tk 10, were traded at Tk 42.50.
National Feed Mill Monday also topped the list of day's turnover leaders with a value of Tk 361.39 million followed by Grameenphone Tk 86.20 million, Bangladesh Building Systems (BBS) Tk 85.91 million, IDLC Tk 70.63 million, Agni Systems Tk 64.30 million, Lafarge Surma Cement Tk 61.86 million and Western Marine Shipyard Tk 55.90 million.
NCC Bank Limited Mutual Fund-1 was the number one gainer with a rise of 3.64 per cent in market price whereas DACCA Dyeing was the day's worst loser with a fall of 8.74 per cent in market price.
On Chittagong Stock Exchange (CSE) Benchmark Index CASPI lost 153.16 points to close at 14927.21 points.
Among 242 traded issues, 27 advanced, 192 declined and reaming 23 remained unchanged.
At the end of the day's trading session, the turnover value stood at Tk 286.79 million.
State-run Investment Corporation of Bangladesh (ICB) Monday received second installment of capital market re-financing scheme worth Tk 3.0 billion.
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