Share prices continued to fall across the board on Dhaka Stock Exchange (DSE) as a persisting sale pressure created high supply-demand mismatch.
The daily transaction increased at the bourse mainly because of voluminous shares’ offloading by the investors on selling spree, which at the end of the session pushed all the three indices towards record low in past few months.
After hitting over 8-month to close the previous session, the broader DSEX lost 52.22 points to finish Tuesday’s session at 4345.03, with the blue-chip DS30 and Shariah DSES plunging at 1669.16 and 1064.21 respectively.
The trade volume at Tuesday’s close rose to 6.90 crore shares and the value to Taka 325 crore from Monday’s 6.53 crore worth Taka 305 crore. The higher activities on the supply side effectively created a mismatch with the demands on the market, forcing issues from all sectors to close lower.
Out of traded 308 issues, 246 incurred losses when only 39 managed to close moderately higher and 23 remained static.
Prime Textile, Shurwid Industries, Union Capital, Samata Leather and Continental Insurance were the worst losers.
Among major advancing issues, United Power finished the session significantly higher with over 15.0 percent rise on its post disclosure trading. The company got good response from investors after announcing Taka 59.64 crore profit after tax.
The other major gainers were Pharma Aid, IFISLMF1, Ambee Pharma and Reliance Insurance.
United Power topped the trading list followed by Ifad Autos, ACI, MJLBD and Grameenphone. (source: bss)