TURNOVER AT DSE HITS 6-MONTH LOW, CSE WITNESS A MARGINAL FALL

Stocks opened the week down on Sunday as all indices on the country's both bourses - Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) - witnessed a marginal fall. Turnover, the key indicator of the DSE, fell 16% to Tk338.27 crore, compared to the previous sessions' Tk402 crore.

It was the lowest single-day transaction in the six months since June 6, this year when turnover was recorded at Tk370 crore, according to the DSE. The boarder DSEX index of DSE closed the first day of the week 16.93 points or 0.27% down at 6213.09. The blue-chip DS 30 also followed the same trend with 7.89 points or 0.23% down at 2239.30.

The Shariah DSES closed the day with 3.34 points or 0.24% down at 1373.24. Out of 332 issues traded, 114 advanced, 176 declined and 42 remained unchanged on the DSE trading floor. A total of 98.36 crore shares and mutual funds shared hands on the day. United Power was the day's turnover leader with shares of nearly Tk13 crore changing hands.

The top five gainers of the day were Pharma Aid, Wata Chemical, Fine Foods, AAMRA Net and Sonaliansh. SEML IBBL Sharia Fund, SEML Lecture Equity Management Fund, Samata Leather, United Insurance and ICB Agrani 1st Mutual Fund were the top five losers. The port city bourse also closed lower with CSE All Shares Price Index or CASPI - losing 32.25 points to close at 19,241.96.

Losers dominated the day as 128 issues closed lower, 73 closed higher and 37 remained unchanged on the CSE.

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