Dhaka stocks fall slightly Wednesday

Last updated: April 14, 2011

Dhaka, Bangladesh (BBN)- Dhaka stocks decreased slightly on Wednesday in negative note amid profit taking mainly on banking and non-banking financial issues.

The market will remain closed on Thursday on the occasion of public holiday (Bengali New Year).

The benchmark DSE General Index (DGEN), the yardstick of the DSE ended at 6,386.36, shedding 36.87 points 0.57 per cent.

The broader All Shares Price Index (DSI) went down by 28.56 points or 0.54 per cent to close at 5,303.13. The DSE-20 index comprising blue-chip shares lost 29.74 points or 0.75 per cent to 3,931.04.

Banking issues, which make up more than one-third of the market capitalization lost 0.85 per cent on the day. As out of 29 banks traded, only three banks---IFIC Bank, Shajalal Bank and Prime Bank gained on the day while 26 banks lost.

In the financial sector 20 issues traded, only two issues-LankaBangla Finance and ICB gained on the day while 18 issues declined. Overall the non-banking financial institutions (NBFIs) sector lost 0.46 per cent.

On Wednesday’s turnover value stood at BDT 8.6 billion, 7.9 percent higher than Tuesday’s value. Beximco Limited topped the turnover chart with turnover value of BDT 268.1 million.

BBN/SSR/AD-14Apr11-3:30 pm (BST) 

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