Dhaka stocks heading for downward on profit-taking

Last updated: December 28, 2010

Dhaka, Bangladesh (BBN)- Dhaka stocks is heading for downward in the final minutes as profit-taking selling pressure cut early gains.

DSE General Index, the yardstick of the market, was on flat mood edging four points higher to 8209.37 in the final hour of the trade.

The benchmark index was up by more than 90 points or 1.0 percent in the early session but it lost in the closing session as investor booked their profit.

Banks gained 0.36 percent while Telecommunication, Fuel & Power and Pharmaceuticals lost 2.52 percent,  1.59 percent, and 0.36 percent respectively.

 NBFI and Cement were marginally down by 0.09 percent and 0.11 percent respectively. Total turnover declined 3.0 percent Tuesday from Monday's value; it was BDT 13.7 billion on the day.

 BBN/KMS/SI-28Dec10-3:05 pm (BST)-update2:20 am (BST)  

Bangladesh Business News
BBN is the country's oldest Business News and Analysis platform, run by veteran business journalist and analyst that you can rely upon.
© Copyright 2024 - BBN - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram