The New Nation - Internet Edition

Staff Reporter

Group of small and medium investors in the Dhaka Stock Exchange (DSE) staged demonstration yesterday, protesting against the sharp index fall yesterday.

It was an expression of disappointment among the relatively new investors, who have been upset by the sloth movement of market for the last couple of days, said a DSE official.

The demonstration was against the petroleum shares, which have not witnessed healthy growth for quite a long time. Further index fall yesterday sparked tension among investors, said an investor. They staged demonstration against the DSE authorities as well as the representatives of the state owned oil burse.

According to the market statement, shares of Jamuna Petroleum closed on the day with Tk7.6 per share, closing at Tk 343.8. Another major market player on the day was Meghna Petroleum, which also closed in the negative, losing Tk10.1 per share. The share closed day's trading at Tk331.0 per share yesterday.

Traders' anger is explainable, these two shares were the focus of their investment, which didn't respond favourably, an expert added.

Moreover, there were few shares available in those scripts, he claimed.

The general index of DSE closed trading yesterday with 19.56 points loss, pulling the index at 2374.02 point.

Total 99.95 lakh shares from 37210 companies were traded on the day. Among them, shares of 91 companies advanced, 139 declined and 12 issues remained unchanged.

Top ten performing scripts on the day were the SUMITPOWER, JAMUNAOIL, BRACBANK, ABBANK, GRAMEEN1, MPETROLEUM, IFIC, DESCO, NBL, POWERGRID. Almost all of them ended into red.