Dhaka, Bangladesh (BBN) - Dhaka stocks witnessed yet another massive collapsed on Monday, maintaining the previous week’s downtrend and key index slipped almost six per cent as investors desperately went for selling shares.
The Dhaka Stock Exchange (DSE) opened with a steep fall and its key index fell almost 100 points within 15 minutes upon resumption of trading. The downtrend continued till the end of the trading and finally closed more than 229 points lower.
The benchmark General Index of the DSE (DGEN), the yardstick of the market, dropped 229.41 points or 5.96 per cent to close at 3,616.24 which was lowest since November 15, 2009 when Grameenphone (GP) was listing.
The broader DSE All Shares Price Index (DSI) plummeted 190.04 points or 5.87 per cent to close at 3,045.31. The DSE-20 blue-chip index also lost 145.90 points or 4.64 per cent to close at 2,997.03.
Dhaka Stock Exchange (DSE) lost 458.9 points or 9.29 per cent last week with lower turnover value while DSE market capitalization declined almost 10 per cent.
Out of 259 issues traded, only none issues gained, 247 declined and three remained unchanged while total turnover value stood at BDT 2.12 billion.
GP was the top turnover chart with shares worth BDT 155.54 million changing hands.
MBL First Mutual Fund was the day’s highest gainer posting a rise of 5.12 percent while fifth ICB was the day’s worst loser and lost 10 percent.
BBN/SSR/AD-07Feb12-7:40 am (BST)
