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DSE plunges, turnover dips below Tk 3.0b-mark again

FE Online Desk | Published: April 15, 2019 15:48:21 | Updated: April 17, 2019 10:20:27


Stocks witnessed yet another bearish session on Monday with sluggish trading activities as worried investors sold shares, fearing further fall.

At the end of the session, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 16.91 points or 0.31 per cent to finish at 5,309.

Two other indices also ended lower. The DS30 index, comprising blue chips, fell 1.62 points to finish at 1901 and the DSES (Shariah) index lost 4.42 points to settle at 1228.

Turnover, another important indicator of the market, fell below Tk 3.0 billion-mark again and amounted to Tk 2.96 billion, which was 4.22 per cent higher than the previous day’s turnover of Tk 2.84 billion.

A total number of 86,281 trades were executed in the day’s trading session with trading volume of 59.09 million shares and mutual fund units.

The losers took a marginal lead over the gainers as out of 341 issues traded, 193 closed lower, 107 ended higher and 41 issues remained unchanged on the DSE trading floor.

Fortune Shoes topped the turnover chart with shares worth Tk 339 million changing hands, followed by Monno Ceramic, Bangladesh Submarine Cable, United Power and Square Pharmaceuticals.

 

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