The New Nation - Internet Edition

Staff Reporter

The Dhaka Stock Exchange (DSE) witnessed a comparatively slow trading market week, which closed trading yesterday, adding 19.20 points in the General index closing at 3072.85 points.

During the week, liquidity crisis led investors to take a cautious stand during the week, experts added.

According to market leaders, it was a positive sign for the share market growth as investors showed equal interest, both in buying and selling.

"In fact, traders are mentally preparing themselves for the arrival of new private and public sector companies in the share business, like the Telecom, which are expected in coming months," said an investor.

Index levels of all three categories mostly remained into the green zone throughout the week. DSE 20 Index gained total 20.05 points, closing the week at 2355.25 points.

Total 18.92 points growth was also witnessed in the DSE Share Price Index.

At the end of this week total 8.8 crore shares of 286 companies were traded. In a week time, total turnover increased by 51.52 per cent as reported. In opening, DSE market capitalisation was Tk 85522.98 crore. After a week trading it closed with Tk 86018.58 crore, increased by 0.58 per cent.

On the closing day, investors showed interest in take-off of their invested amounts, particularly from the Pharmaceuticals and chemical shares. At the same time, the market also witnessed some buying plea in the baking and financial sectors.

Profit taking led pharmaceuticals major ACI to erode the previous day's gains. It finished with 0.24 per cent lower at Tk 282.20 per share. Among other Pharmaceuticals and chemicals scrips, Square Pharma, Keya Cosmetics and Beximco Pharmaceuticals also witnessed significant sale pressure on the day.

At the end of the day's trading, The General index rose on the opening bell until the first three hours before maintaining a downward curve afterwards to lose 17.14 points or 0.55 per cent to close at 3079.09.

The DSE or all-share price index ended on 2600.71, falling 11.93 points or 0.45 percent from the previous day. The bourse's blue chip, DSE-20, finished 2.57 points, or 0.10 percent lower at 2371.21.

Turnover slipped to Tk 2.69 billion from Tuesday's Tk 2.73 billion, with 20,074,657 shares changing hands.