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Internet Edition. January 11, 2009, Updated: Bangladesh Time 12:00 AM |
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Share market declines despite political positivism Staff Reporter Country's prime burse the Dhaka Stock Exchange is still facing complications despite a big change in the political arena. The stock market experienced inconsistent position whole last week. Before national elections, stock market authority and operators were of the opinion that the burse would get back to its previous position once a stable political situation persist. Nearly two weeks have already been passed after the election but no positive changes were seen in the market. On an average the DSE general index fell by 1.67 per cent last week compared to it's previous week. The DSE 20 price index also fell by 1.96 per cent within a week. The All share price index also fell by 1.78 per cent within a week. During the week price of 155 issues out of 295 was advance against 196 of previous week. Issues of 102 declined against previous week's 39. However, the market turnover rose by 41.48 per cent, daily average turnover by 6.11 per cent, total turnover by 63.90 per cent and total Howla by 39.78 per cent. The top 10 gainers of last week trading were Maksons Spinning, Fine Foods, Orion Infusions, BD Welding, Beximco Synthetics, 1st Lease International, Shyampur Sugar, Delta Spinners, Standard Ceramic and Legacy Footwear. The top losers were Wata Chemicals, Meghna Life Insurance, Monno Stafllers, Prime Islami Life, National Housing Finance and Investment, Northern Jute, Pragati Life Insurance, MIDAS Financing Ltd, Reliance Insurance and Sandhani Life Insurance.
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