Tuesday, June 25, 2019 | ePaper

Stocks return to downward trend again

  • Print
Economic Reporter :
Stocks on Monday witnessed a bearish session as all indices on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) returned to red breaking a two-day gaining streak.
Turnover, a key indicator of the market, declined to Taka 387.73 crore from the Sunday's Taka 443.56 crore, on the DSE. The bourse traded a total of 13.19 crore shares on the day.
The broader DSEX index of Dhaka Stock Exchange (DSE) closed the day with 59.56 points down at 5,276.14. The Shariah DSES and the blue-chip DS30 also followed the same trend with 15.97 points down at 1,833.37 and with 16.48 points down at 1,833.37.
At DSE, out of the day's 342 securities, prices of 50 securities closed higher against 262 losing issues.
The major gaining issues were SKTRIMS, ICB3RDNRB, Premier Cement, GHCL and Daffodil Computer.
The major losing companies were Al Arafah Bank, NFML, Rupali Bank, Midas Finance and United Insurance. BRAC Bank topped the turnover list followed by SKTRIMS, Fortune, Bank Asia and IFIC.

More News For this Category

Mohammed Mahtabur Rahman, Chairman of the Bank NRB Bank Ltd, presiding over its 6th Annual General Meeting (AGM) at the at a city hotel on Sunday. Vice Chairmen Tateyama Kabir, Kamal Ahmed, Chairman of Executive Committee M Badiuzzaman, Chairman of Audit Committee Imtiaz Ahmed, Chairman of Risk Management Committee Mohammed Idrish Farazy and Founder Chairman of the Bank Iqbal Ahmed, among others, were present. The Bank declared 8 percent stock dividend  for the year of 2018.

Mohammed Mahtabur Rahman, Chairman of the Bank NRB Bank Ltd, presiding over its 6th Annual General Meeting (AGM) at the at a city hotel on Sunday. Vice Chairmen Tateyama Kabir, Kamal Ahmed, Chairman of Executive Committee M Badiuzzaman, Chairman of Audit Committee Imtiaz Ahmed, Chairman of Risk Management Committee Mohammed Idrish Farazy and Founder Chairman of the Bank Iqbal Ahmed, among others, were present. The Bank declared 8 percent stock dividend for the year of 2018.

.

China eyes front against protectionism at G20

AFP, Beijing :China said Monday it would seek backing for free trade and multilateralism at the G20 summit this week as it denounced protectionism while it fights a tariffs

Tokyo stocks close marginally higher

AFP, Tokyo :Tokyo stocks closed modestly higher on Monday, recovering earlier losses after receiving support from rallies in Hong Kong and Chinese markets.The benchmark Nikkei 225 index gained 0.13

Rupee opened flat at 69.58 vs USD in early trade

PTI, Mumbai :The rupee opened on a flat note at 69.58 against the US dollar in opening trade Monday amid rising crude oil prices and foreign fund outflows.Forex traders

US-Iran fears buoy oil prices as focus turns to Trump-Xi talks

AFP, Hong Kong :Oil prices extended gains Monday as rising US-Iran tensions fuelled supply concerns, while Asian equity traders moved cautiously ahead of a crunch meeting between Donald Trump

Japan plans lifting ban on Russian chicken imports after Putin-Abe meeting

TASS, Tokyo :Japan intends to allow imports of fresh chicken from Russia as part of earlier reached agreements on the expansion of bilateral trade as well as to help

First-ever prepaid metre-manufacturing plant goes into production next month

UNB, Khulna :Country's first-ever electric prepaid metre-manufacturing plant here goes into production in the second week of July.The plant is aimed at fulfillingthe huge demand for prepaid metresand thus

Bangladesh is on right track to attract FDI: Speakers

Bangladesh is on right track to attract FDI: Speakers

Economic Reporter :Speakers of Monday claimed that despite the global flow of Foreign Direct Investment (FDI) is showing downward trend, Bangladesh achieved remarkable success in attracting FDI in 2018

Robust growth in Walton AC sales centering heatwave

Business Desk :The local electronics giant Walton has witnessed a robust growth in the sales of its air conditioner during heavy heatwave all over the country in this year.According

Md Nazmus Salehin, Chairman of the Audit Committee of the Board of Directors of Standard Bank Ltd, presiding over the Bank's 92nd board meeting at its board room in the city on Monday. Members of the committee Al-Haj Mohammed Shamsul Alam, Kazi Sanaul Hoq, Najmul Huq Chaudhury, Ferdous Ali Khan, Managing Director Mamun-Ur-Rashid, Additional Managing Director Md Tariqul Azam and Deputy Managing Director Md Motaleb Hossain, among others, were present.

Md Nazmus Salehin, Chairman of the Audit Committee of the Board of Directors of Standard Bank Ltd, presiding over the Bank's 92nd board meeting at its board room in the city on Monday. Members of the committee Al-Haj Mohammed Shamsul Alam, Kazi Sanaul Hoq, Najmul Huq Chaudhury, Ferdous Ali Khan, Managing Director Mamun-Ur-Rashid, Additional Managing Director Md Tariqul Azam and Deputy Managing Director Md Motaleb Hossain, among others, were present.

.