Dhaka stocks down
A sharp fall in Dutch-Bangla Bank Ltd (DBBL) share price pulled down the indices of Dhaka bourse yesterday.
Each DBBL share fell by 31.56 percent to Tk 1,681.50, as the bank went ex-dividend. Earlier, the bank declared a 50 percent stock dividend for the year 2008.
The benchmark index of Dhaka Stock Exchange, DSE General Index, fell by 33.43 points, or 1.27 percent, to 2,592.83. The DSE All Share Price Index also declined by 24.75 points, or 1.13 percent, to 2,165.79.
The market started with the price adjustment of DBBL, which alone caused around 25 points of loss to the benchmark index, said a market analysis of Equity Partners Limited, an investment bank.
“If we disregard the price adjustment, the market remained almost same as yesterday [Sunday],” the analysis said.
Majority of the securities traded up on the premier bourse. Of the 263 traded issues, 130 advanced, 128 declined and five remained unchanged.
A total of 3,78,23,496 shares worth Tk 399.34 crore changed hands on the DSE.
Summit Power topped the list of turnover leaders on the DSE with 3,30,000 traded shares worth Tk 30.84 crore. The other turnover leaders were Shinepukur Ceramics, AIMS 1st Mutual Fund, Beximco, S Alam Cold Rolled Steels, Beximco Pharma, Bextex, Titas Gas, Appex Tannery and Grameen Mutual Fund One: Scheme Two.
Chittagong stocks however rose yesterday. The CSE Selective Categories Index went up by 16.16 points, or 0.31 percent, to 5,118.99. The CSE All Share Price Index also gained 29.05 points, or 0.36 percent, to 7,970.05.
A total of 72,60,261 shares worth Tk 47.93 crore changed hands on the port city bourse. Of the 188 traded securities, 97 advanced and 91 declined.
AIMS 1st Mutual Fund topped the list of turnover leaders on the CSE with 20,17,500 traded shares worth Tk 3.31 crore.
The other turnover leaders were Summit Power, Shinepukur Ceramics, Beximco, Bextex, Grameen Mutual Fund One: Scheme Two, Beximco Pharma, Meghna Petroleum, Eastern Housing, and Lafarge Surma Cement.
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