Dhaka, Bangladesh (BBN)- Dhaka stocks experienced a steep fell on Sunday despite of fresh intervention by the government, market operators said.
The benchmark index of the Dhaka Stock Exchange (DSE) DGEN came down to 5463.35 points, marking a sharp decline of 337.59 points or 5.82 per cent which was ten months low till April 13, 2010.
In the last four trading sessions DGEN slipped 926.27 points and from its highest value of 8918.51 as on December 5, 2010, it lost 39 per cent or 3,455 points.
The broader DSE All Shares Price Index (DSI) ended at 4533.65 with a fall of 276.77 points or 5.75 per cent while the DSE-20 blue chip index shed 218.41 points or 5.59 per cent to 3687.51.
Most of the traded shares on the day lost in prices as out 255 issues traded, only 6 advanced and 249 declined. Total turnover also came down to BDT 5.01 billion, down by 10.4 percent compared to the previous session.
The market lost across the board with banks, non-banking financial institutions, telecommunications and power shedding 6.29 percent, 6.16 percent, 7.64 percent, and 3.94 percent respectively.
BBN/SI/AD-27Feb11-7:57 pm (BST)
