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Turnover drops further on DSE

FE Report | January 21, 2015 00:00:00


Stocks on both the bourses Tuesday closed in the negative for the third  consecutive session as major sectoral performance remained mixed amid the ongoing political turmoil, stock brokers said.

On the day, the market opened the session with a positive note gaining above 20 points during the first 45 minutes of the session.

But eventually the market failed to keep its momentum and all indices shed points marginally and also put the turnover value at the lowest ebb observed in last 11 sessions.

New entrant National Feed Mill, whose price rose 323.0 per cent and became the number one gainer on Monday, topped the chart of top loser with a fall of 9.41 per cent in market price.  

"DSE witnessed another sluggish session Tuesday amid the ongoing political unrest," said a market review of BRAC EPL.

On Tuesday, Benchmark index DSEX shed 0.20 per cent or 10.13 points to close at 4856.94 points.

DSE Shariah Index also went down by 0.25 per cent or 2.91 points to close at 1150.35 points whereas DSE30 lost 0.08 per cent or 1.55 points to close at 1802.07 points.

Among 310 traded issues, 79 advanced, 190 declined and remaining 41 remained unchanged.

At the end of the day's trading session, the turnover value stood at above 2.47 billion which is 13.31 per cent less than the value observed in previous trading session.

On the port city bourse Chittagong Stock Exchange (CSE), the benchmark index CASPI shed 51 points to close at 14875.32 points.

Among 240 traded issues, 58 advanced, 162 declined and remaining 20 remained unchanged.

At the end of the Tuesday's trading session, the turnover value stood at Tk 252.34 million on the CSE.

mufazzal.fe@gmail.com


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