Dhaka, Bangladesh (BBN) - The Dhaka Stock Exchange (DSE) passed another shocking week that ended on Thursday and decline for the three straight weeks with significantly declining turnover value and key index came down bellow the 4,500 level to 25 months low.
Market analysts said that trading of this week was quite volatile due to confusions regarding a government notification regarding public servant’s investment in stocks and central bank’s announcement of monetary policy.
The week witnessed five trading sessions as usual. Among them first three sessions and last session suffered big losses while one session gained marginally.
In the week, the DSE General Index (DGEN), the yardstick of the market plunged 459.51 points or 9.29 per cent to close at 4,486.98 to came down to 25 months low.
The broader All Shares Price Index (DSI) slipped 376.11 points or 9.09 per cent to close at 3,824.78. The DSE-20 Index comprising blue-chip shares also dropped 241.84 points or 6.49 per cent to close at 3,507.68.
Total turnover stood at only BDT 12.05 billion against BDT 12.03 billion as there was one less trading session in the last week compared to the previous one.
Average daily turnover value declined by 19.9 percent to stands at BDT 2.41 billion from BDT 3.00 billion last week.
Beximco Limited was the week’s top turnover chart with shares worth BDT 521.97 million changing hands.
Rupali Insurance was the week’s highest gainer while Fine Foods was the worst loser.
BBN/BB/SI-28Jan12-11:38 pm (BST)