Dhaka shares fall as port city’s bourse prime index rises

The Bangladesh stock market witnessed a mixed performance today with the Dhaka Stock Exchange (DSE) witnessing a fall while the opposite happened in the case of the Chittagong Stock Exchange (CSE).

The DSEX, the broad index of the country’s main bourse, fell 1.47 points, or 0.03 percent, from the previous day before closing at 5,169, indicating a downward trend for the third consecutive day.

The other two DSE indices saw an opposite trend as the DSES index for sharia-based stocks rose 2.78 points, or 0.24 percent, to 1,158, while the DS30 for sharia-based stocks first order rose 0.91 points, or 0.05 percent. , at 1,923.

Of the issues that changed hands on the DSE trading floor, prices of 150 saw a rise, 159 closed lower and the remaining 86 saw no price fluctuations.

The turnover, which is a key indicator of liquidity flow in the market, however, declined by 9.07 per cent to Tk 276 crore from that of the previous day at the DSE.

Orion Infusion Ltd became the most traded stock with a turnover of Tk 18.7 crore.

In its daily market update, Shanta Securities said the market movement was driven by negative changes in the market capitalization of financial institutions, travel and leisure, as well as paper and printing certificates, in a context of positive changes in the market capitalization of food and related, miscellaneous and textile products. scripts today.

Most large-cap sectors performed negatively today, with the Non-Banking Financial Institution (NBFI) recording the highest loss of 0.92 percent.

NBFIs were followed by fuels and electricity (0.87 percent), food and related products (0.19 percent), telecommunications (0.18 percent) and engineering (0. 06 percent).

However, the pharmaceutical sector recorded a gain of 0.13 percent and the banking sector recorded a gain of 0.51 percent.

Investors mainly attracted their interests in the stocks of companies such as Islami Bank Bangladesh, Renata, Eastern Bank, Khan Brothers PP Woven Industries, Taufika Foods and Lovello Ice-cream, Orion Infusion, Fortune Shoes, Heidelberg Materials Bangladesh, Pubali Bank and Olympic Industries, according to daily market update by LankaBangla Financials.

Among the companies, Islami Bank was solely responsible for 15.98 points.

However, Al-Arafah Islami Bank, National Bank, Beacon Pharmaceuticals, BAT Bangladesh, Power Grid Company of Bangladesh, Beximco Pharmaceuticals, Grameenphone, IFIC Bank, Shahjalal Islami Bank and Acme Laboratories suffered losses.

At the Chittagong Stock Exchange (CSE), the CSE All Share Price Index (CASPI), the main index of the port city’s bourse, registered a gain as the index rose 34.6 points, or 0.24 percent, to settle the day at 14,489.