Dhaka, Bangladesh (BBN): Country’s both bourses—Dhaka Stock Exchange and Chittagong Stock Exchange suffered significant correction last week after fourth week of gaining streak.
Week-on-week, the General Index of the Dhaka Stock Exchange (DSE)—DGEN plummeted 142.29 points or 3.24 per cent to close at 4,254.55 as the market passed negative throughout the week on selling spree.
Chittagong Stock Exchange (CSE) also closed lower last week with the CSE Selective Categories Index plunged 291.34 points or 3.39 per cent to close at 8,284.25.
Total turnover on the DSE stood at Tk 19.31 billion, down by 17.17 per cent from previous week’s total of Tk 23.31 billion as last week witnessed one less trading session due to International Mother Language day on Thursday.
However, the daily average turnover value rose 3.54 per cent to Tk 4.82 billion from previous week’s average Tk 4.66 billion as the week featured one trading session less than the previous week.
Of the total 285 companies and mutual fund units were traded during the week, among them 248 declined, 34 advanced and 3 remained unchanged.
United Airways dominated the week’s top turnover list with shares worth Tk 1.53 billion changing hands.
Summit Alliance Port was the week’s highest gainers posting a rise of 19.49 per cent Purabi General Insurance was the worst loser.
BBN/BB/AD/20Feb-13-11.45pm (BST).
