Monday, August 26, 2019, 12:25:26 PM

DSE, CSE slip into red after two-day gain

Business Desk | banglanews24.com
Update: 2019-07-18 9:54:09 PM
DSE, CSE slip into red after two-day gain

DHAKA: The share price indices at the country's both bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – ended the week in red after two-days winning streak as shaky investors remained cautious and adopted ‘wait and see’ approach.

DSEX, the DSE benchmark index, shed over 2.43 points or 0.04 percent to reach 5,130.69 at the close of the on Thursday (July 18)’s trading.

The DSE Shariah Index (DSES) also declined 0.74 points or 0.06 percent to close at 1176.

The DS30 comprising blue chips went down by 0.45 points or 0.02 percent to close at 1829.57 points. 

Of the issues traded, 111 gained, 204 declined and 38 remained unchanged.
 
The DSE turnover reached Tk 3952.96 million changed hands. 

“Most of the scripts are traded below their intrinsic value which encourages the intelligent investors to pick fundamentally sound stock thinking that market gets its support level,” said EBL securities, in its daily analysis. 

Fortune Shoes Ltd topped the chart of turnover leaders with a value of Tk 388 million followed by Beacon Pharmaceuticals Ltd and Sonar Bangla Insurance Ltd. 

Vanguard AML Rupali Bank Balanced Fund dominated the gainers chart, posting a gain of 9.89 per cent while Pragati Life Insurance Ltd was the day’s worst loser, losing 10.86 per cent.
 
The CSE overall share index, CASPI, also went down by 5.82 points 0.03percent to reach 15724.71at the close today.

Of the 286 issues traded, 111 advanced, 150 suffered loss and 25 remained unchanged.
   
The value of the traded issues was Tk 168.05 million on Thursday.

BDST: 2136 HRS, JULY 18, 2019
RS


 

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