Stocks keep losing amid growing virus tension
Economic Reporter :
Country's both the bourses -Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) finished trading on Tuesday extending nose-dive amid the fear of COVID-19 pandemic.
Market analysts said growing tension over the impacts of coronavirus outbreak remained in the investors' mind as death and the number of new cases continued to rise in the country.
At DSEX, the broad index, DSEX closed at 3969.58 points on the day with a loss of 29.91 points or 0.74 percent. Besides, the two selective indices, Blue Chip index, DSE30 and Shariah index, DSES also went down by 16.67 points and 9.75 points to settle at 1330.50 points and 920.20 points respectively.
On the DSE trading floor, a total number of 20,990 trades were executed in the day's trading session with a trading volume of 38.53 million securities. Market turnover, another crucial indicator, stood at Taka 1.55 billion which is lower than of previous day's Taka 1.97 billion.
Loser took a lead over gainers as out of 294 issues traded, 12 securities gained price while 53 declined and 229 remained unchanged. The market-cap of DSE also fell to Taka 3,106 billion, from Taka 3,122 billion in the previous session.
The top 10 gainers were ICB Sonali First Mutual Fund, Paramount Textile, Exim Bank, Dhaka Bank, Agrani Insurance, Pravati Insurance, Jamuna Oil and Basundhara Paper Mills.
Square Pharma topped the turnover chart followed by Grameenphone, Beximco Pharma, Beximco Limited, Indo-Bangla Pharma, Monno Ceramic, Exim Bank, Central Pharma, Orion Pharma and Al-Arafa Islami Bank.
The top 10 losers were Central Pharma, Beximco Limited, ACI Formulation, ACME Lab, BD Wielding, Beximco Pharma, Shahazibazar Power, Central Insurance, Indo-Bangla Pharma and Silva Pharma. On the other hand, port city bourse, Chittagong Stock Exchange (CSE) also closed at red maintaining the losing streak of previous day.
CSCX and CASPI declined by 49.93 points and 80.12 points to stand at 6823.28 points and 11261.00 points respectively.