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Internet Edition. September 4, 2008, Updated: Bangladesh Time 12:00 AM |
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DSE witnesses fall after 9 days of consecutive gains UNB, Dhaka The Dhaka Stock Exchange (DSE) witnessed fall yesterday amid profit taking from gains the market recorded for nine 9 consecutive days. Brokers said 171 issues out of the total 229 traded on the day, incurred loss amid sales pressure bringing down the DSE indices. Only 44 issues gained and 14 remained unchanged. The market continued to register a steady growth since August 20 till Tuesday after a bearish trend witnessed until August 19 when the benchmark index fell as low as 2,571 points.The DSE General Index (DGEN), the benchmark index, fell 34 points or over 1.0 percent to close at 2,797 points on Wednesday from 2,831 points at close on Tuesday while the All Shares Price Index (DSI) shed 25 points or 1.0 percent to close at 2,390 points. The DSE-20 index for the selective shares witnessed fall for the second consecutive day on Wednesday with 15 points or 0.64 percent decline to close at 2,419 points. The total turnover dropped slightly to Tk 2.69 billion on Wednesday from Tk 2.71 billion on Tuesday while the market capitalization dropped to Tk 986.18 billion on the day from Tk 990.60 billion on the day before. Titas Gas, BEXIMCO, GRAMEENS2, ACI, Beximco Pharma, Lankabangla Finance, ICB 2nd NRB, Pragati Insurance, Square Pharma and Uttara Bank were the day's turnover leaders in terms of value. The day's volume leaders were GRAMEENS2, AIMS 1st Mutual Fund, BEXIMCO, Titas Gas, Beximco Pharma, Keya Cosmetics, BD Com, Grameen 1, ICB 2nd NRB and Lankabangla Finance. Top gainers of the day were BEXIMCO, ICB Islamic Bank, AMCL, Beximco Fisheries, Apex Foods, Shine Pukur, Chittagong Vegetables, Beximco Textiles, Ran Foundry and Reckitt Benckiser. Top losers were Reliance Insurance, ICB, Progressive Life Insurance, Peoples Insurance, Rupali Insurance, Agni Systems Limited, Merchantile Insurance, Grameen1, Eastland Insurance and Bangladesh Thai Aluminum.
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