- Dhaka Stock Exchange, Featured

Investors go for quick profit

Dhaka-stock-exchangeStocks stumbled again Wednesday after previous session’s upsurge as investors remained cautious about third quarter corporate earnings and went for quick profit.

DSEX, the prime index of the Dhaka Stock Exchange (DSE) dipped below 5,200-mark once again, shedding 63.66 points or 1.21 per cent to close at 5,170.15 points after four hours trading.

The other two indices also closed lower. The DS30, comprising blue chips lost 23.05 points or 1.16 per cent to close at 1,948.99 points. The DSE Shariah Index shed 12.94 points or 1.04 per cent to close at 1,220.54 points.

Turnover at DSE crossed Tk 7.0 billion-mark after hovering around Tk 6.0 billion in the last three sessions. The total turnover stood at Tk 7.22 billion, registering an increase of 4.08 per cent over the previous day’s value of Tk 6.94 billion.

The investors’ attention mostly concentrated on power, engineering and pharma – the sectors that accounted for 19.34 per cent, 15.67 per cent and 12.36 per cent respectively of the day’s total turnover.

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