Sunday, August 25, 2019 | ePaper

DSE index hits 30-month low

Investors take to street

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Staff Reporter :
Small stock investors staged demonstration in front of the Dhaka Stock Exchange (DSE) on Monday protesting continuous fall of share price indices.    After the trade session at 2:30pm, a group of small investors took to the streets in front of the DSE building at Motijheel under the banner of Bangladesh Pujibazar Biniogkari Oikya Parishad. During the protests, the aggrieved investors demanded resignation of Bangladesh Securities and     Exchange Commission (BSEC) Chairman M Khairul Hossain for what they call his failure to protect the investors' rights.    
DSEX, the benchmark index of the Dhaka Stock Exchange, shed 88 points or 1.69 per cent to close at 5091.48, the lowest in more than 30 months since January 01, 2017 when DSEX was 5,083.
Besides, the DS30 index, comprising blue chips, lost 34.75 points to finish at 1,818 and the DSE Shariah Index also fell 24.38 points to close at 1,166. Out of the total traded issues at DSE, 303 declined, 37 advanced and 12 remained unchanged.
The DSE turnover, another important indicator of the market, stood at Tk 3.06 billion, which was 14 per cent lower than the previous day's turnover of Tk 3.54 billion. The market capitalisation of the DSE also fell to Tk 3,787 billion on Monday, from Tk 3,858 billion in the previous session.
Meanwhile, Chittagong Stock Exchange, also ended lower with its CSE All Share Price Index - CASPI - slumping by 261 points to settle at 15,619 and the Selective Categories Index - CSCX - losing 157 points to reach at 9,487. Out of the 278 trade issues at CSE, 220 closed lower, 40 ended higher and 18 remained unchanged.
The Port City bourse traded 6.22 million shares and mutual fund units worth Tk 144 million in turnover.

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