Share indices on DSE continue declining
Star Business Report
Share indices on Dhaka Stock Exchange (DSE) continued to decline yesterday as all indices went down slightly for the second consecutive day.DSE All Share Price Index went down by 8.02 points or 0.62 percent to close at 1283.25 points yesterday from 1291.28 points on Tuesday while the DSE General Index declined by 8.45 points or 0.54 percent to close at 1533.20 points from 1541.65 points on the previous trading day. DSE-20 Index, which comprises blue chips, also shed by 4.76 points or 0.36 percent to close at 1310.83 points yesterday from 1315.60 points on Tuesday. On the DSE, losers overwhelmed gainers as the bear dominated the market. Of the total 182 issues traded, 62 advanced, 113 declined and 29 remained unchanged. A total of 60,58,648 shares worth Tk 25.62 crore changed hands on the DSE yesterday against 35,84,517 shares worth Tk 26.12 crore on Tuesday. Trading on the Chittagong Stock Exchange (CSE) also closed lower yesterday. The CSE All Share Price Index decreased by 25.26 points or 0.69 percent to close at 3617.73 points yesterday from 3643 points on Tuesday while the CSE-30 Index shed by 13.36 points or 0.42 percent to close at 3147.09 points from 3160.44 points the previous trading day. A total of 88 issues were traded yesterday. Of them, 32 gained, 49 declined and seven remained unchanged. Some 17,34,499 shares worth Tk 5.52 crore changed hands on the CSE yesterday against 13,90,110 shares worth Tk 4.38 crore on Tuesday. Market analysts said the market might see the bearish trend for another couple of days due mainly to current volatile political situation, which has thrown the investors into confusion to come in the market. If there is no political programme from the 14-party combine after November 3, the market will be vibrant further, they hoped. The fourteen-party alliance postponed its countrywide blockade programme until November 3 on Monday.
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