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Home International Customs

DSEX index losses 23.56pts to close at 4,739.65

byCustoms Today Report
04/03/2015
in International Customs
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DHAKA: Dhaka Stock Exchange (DSEX), lost 23.56 points or 0.49 percent, to close at 4,739.65. The profit on selling of stocks and mutual fund units pushed the market in red.

DSES, the shariah index of Dhaka bourse, shed 8.24 points or 0.72 percent, to close at 1,122.67 points.

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The benchmark index shed the previous day’s gains as political outlook remained bleak and investors took profits, Lanka Bangla Securities said. The market remained negative as long-term outlook for investors became bleak due to ongoing political unrest, IDLC investments said.

Turnover, the most important indicator of the market, advanced 13.69 percent to Tk 337 crore, compared to the previous day.

Most of the major sectors ended flat. The banking sector gained 0.11 percent in market cap, followed by telecom’s 0.09 percent, food 0.19 percent and power 0.16 percent.

Cement lost 2.95 percent as Lafarge Surma Cement lost 5.2 percent alone. Non-bank financial institutions fell 1.53 percent and pharma lost 0.34 percent.

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