Dhaka, Bangladesh (BBN) – Dhaka stocks fell Tuesday amid jittery trading and all indices lost more than one per cent with declining turnover value as investors booked profit on most sectors.
The market opened with a positive note, gaining more than 50 points within first one and a half hour. After that it started declined amid fluctuation and finally ended more than 56 points lower.
The benchmark General Index, the gauge of Dhaka Stock Exchange, lost 56.41 points or 1.08 per cent to close at 5,126.16 at the end of trading hours.
Of the 259 issues traded, 184 declined, 70 advanced and five remained unchanged.
Turnover value declined to BDT 7.38 billion, down by 25.45 percent compared to BDT 9.90 billion in the previous session.
A total of 143.58 million shares changed hands on the day against 198.28 million in the previous session. The trade deals also decreased to 176,932 against Monday’s 227,013.
The total market capitalization of the DSE stood at BDT 218.63 billion against BDT 2644.65 billion in the previous session.
All major sectors ended lower on the day except fuel and power.
Fuel and power sector gained 0.81 percent.
Non-banking financial institutions (NBFIs), commercial banks, telecommunications and pharmaceuticals lost 2.44 percent, 1.99 percent, 1.97 percent and 0.58 percent respectively.
General insurance and life insurance ended 1.42 per cent and 0.95 per cent higher on the day.
Titas Gas topped the turnover list with shares worth BDT 270.93 million changing hands.
In Tech Online was the day’s highest gainer posting a rise of 8.56 percent while IFIL Islamic Mutual Fund-one was the worst loser.
BBN/BB/SI-03Apr12-7:20 pm (BST)
