Internet Edition. October 31, 2008, Updated: Bangladesh Time 12:00 AM 
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DSE witnesses fall for 2nd consecutive day



UNB, Dhaka



The Dhaka Stock Exchange (DSE) witnessed fall for the second consecutive day on Thursday as share prices dropped across the board.

The DSE General Index (DGEN), the benchmark index, fell 10 points or 0.38 percent to close at 2,749 points from 2,759 points on Wednesday while the All Shares Price Index (DSI) dropped 9 points or 0.38 percent to close at 2,278 points.

The DSE-20 index for selective shares, however, rose 15 points or 0.63 percent to close at 2,352 points.

Of the total 238 issues traded on the day, only 77 registered gains marginally while 152 incurred losses and nine remained unchanged.

The day's total turnover fell to Tk 2.35 billion from Tk 2.59 billion on Wednesday while market capitalisation increased slightly to Tk 986 billion from Tk 981 billion on the day before.

Beximco Pharma, Titas Gas, Islami Bank, ICB 2nd NRB, Square Pharma, ACI, Summit Alliance, Uttara Bank, Summit Power and Agni Systems Limited were the day's turnover leaders in terms of value. The day's volume leaders were Beximco Pharma, AIMS 1st Mutual Fund, Beximco Textiles, Golden Son, Agni Systems Limited, Quasem Dry Cell, GRAMEENS2, Daffodil Computers, In Tech Online and Fu Wang Foods.

Top gainers of the day were BD Luggage, BD Dye, National Polymer, ICB, Renwick, BD Finance, Meghna Shrimp, HR Textiles, BCIL and Maq Enterprise.

Top losers were In Tech Online, Alpha Tobacco, BLTC, Monno Jute Stafflers, Miracle Industries, Samorita, Daffodil Computers, Chittagong Vegetables, Dulamia Cotton and Monno Jutex.

Meanwhile, Agni Systems Limited today (Thursday) apprised DSE that they recommended stock dividend at 15 percent for the year 2007-08 while Monno Jutex, Monno Ceramics and Delta Spinning recommended cash dividend at 10 percent each.

Tulip Dairy and Chittagong Vegetables did not recommend any dividend for the year 2007-2008.

Delta Spinning informed DSE that it received a loan sanction of Tk 79 million from Southeast Bank for expansion of its capacity by additional 9,600 spindles over its existing capacity of 57,960 spindles and replacement of some older machinery at a total cost of Tk 138.20 million.

The Company also reported that it has made a net profit of Tk 32.74 million as on June 30 this year.

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