Stocks fall after gaining for a day
28 March 2023
Business Report :
The indices of the Dhaka Stock Exchange (DSE) returned to the red on Monday, snapping gains in the last trading session.
The DSEX, the benchmark index of the top bourse in Bangladesh, lost 11 points, or 0.18 per cent, to 6,203.
The DS30, the blue-chip index, decreased 0.11 per cent to 2,215 while the DSES, the shariah-compliant index, went down 0.26 per cent to 1,349.
However, turnover, a key indicator of the market, increased 10.8 per cent to Tk 317 crore.
Of the securities, 28 advanced, 72 declined and 183 did not show any price movement.
Legacy Footwear made the highest gain with an increase of 9.9 per cent.
Unique Hotel & Resorts, Intech Ltd, Samata Leather Complex, and National Feed Mill were among the top gainers.
Sonali Paper & Board Mills was the highest loser, shedding 4.7 per cent.
Islami Commercial Insurance Company, Meghna Pet Industries, Monno Agro & General Machinery, and Union Insurance Company were also in the list of the significant losers.
Unique Hotel & Resorts was the most-traded stock with its issues worth Tk 41 crore transacting.
Eastern Housing, Sea Pearl Beach Resort & Spa, Bangladesh Shipping Corporation, and Orion Pharma also registered significant turnover.
Caspi, the all-share price index of the Chittagong Stock Exchange, dropped 47 points, or 0.26 per cent, to close at 18,326.
Of the issues, 17 rose, 40 retreated and 36 did not see any price swing.
Turnover of the port city bourse plummeted more than 40 per cent to Tk 7.19 crore.
