The market ended Sunday lower with turnover dropped significantly as the
investors remained shaky following trading disruption on the prime
bourse.
Trading was halted on Dhaka Stock Exchange (DSE) at 10.35am soon after resumption due to technical glitches. However, DSE trading resumed at 1:15pm after two and 40 minutes shutdown and continued till 3:15pm.
DSEX, the prime index of the DSE ended at 4,573.56 points, shedding 19.16 points or 0.41 per cent during the day's brief trading session.
The other two indices, however, closed into green. The DS30, comprising blue chips gained 0.2.05 points or 0.12 per cent to close at 1,677.68 points. The DSE Index (DSES) went up by 0.75 points or 0.07 per cent to close at 1,020.96 points.
The market turnover slowed down following trading disruption. The session witnessed only two hours of trade (instead of the usual four hours) and total turnover amounted to Tk 2.24 billion, registering 46.70 per cent decline over the previous session's value of Tk 4.20 billion.
"Trading was suspended for two hours in the country's prime bourse - DSE, due to technical malfunction. Selling pressure ignited as trading resumed since the investors' attitude was downbeat," commented International Leasing Securities, in its daily market analysis.
However, some particular scrips like Renata, Marico, Lafarge Surma Cement and GP moved up against the wind and seized positive return, said the International Leasing.
"Coupled with the slump in turnover due to trading halt (trading session lasted for two hours), the bourse ended negative," commented IDLC Investments.
Despite the prevailing offbeat sentiment, dominance of selective heavy-weighted scrips persisted, said the merchant bank.
Besides, multinational companies continued showing robust performance with six of them emerging at top ten gainers' list, it said.
"Backed by these Large Cap segment performed well with 0.62 per cent gain. Consequently, blue chip index, DS30 stood positive with marginal gain, while DSEX ended red," the merchant bank added.
"Trading of all the stocks grounded to a halt at 10:35am after 5 minutes of trading at the morning following to some unknown technical problem." said LankaBangla Securities.
DSE resumed trading at 1:15pm after 2 hours and 40 minutes shutdown of trading. During the shutdown, trading of shares listed on CSE continued, but transactions could not be executed on the DSE platform, said the stock broker.
However, trading on the port city bourse - the Chittagong Stock Exchange (CSE) was as usual. The Selective Categories Index --- CSCX lost 34.67 points to stand at 8,866.02 points.
Losers beat gainers 124 to 56, with 20 issues remaining unchanged at the port city bourse that traded 5.18 million shares and mutual fund units, turnover value of Tk 297.84 million.
Trading was halted on Dhaka Stock Exchange (DSE) at 10.35am soon after resumption due to technical glitches. However, DSE trading resumed at 1:15pm after two and 40 minutes shutdown and continued till 3:15pm.
DSEX, the prime index of the DSE ended at 4,573.56 points, shedding 19.16 points or 0.41 per cent during the day's brief trading session.
The other two indices, however, closed into green. The DS30, comprising blue chips gained 0.2.05 points or 0.12 per cent to close at 1,677.68 points. The DSE Index (DSES) went up by 0.75 points or 0.07 per cent to close at 1,020.96 points.
The market turnover slowed down following trading disruption. The session witnessed only two hours of trade (instead of the usual four hours) and total turnover amounted to Tk 2.24 billion, registering 46.70 per cent decline over the previous session's value of Tk 4.20 billion.
"Trading was suspended for two hours in the country's prime bourse - DSE, due to technical malfunction. Selling pressure ignited as trading resumed since the investors' attitude was downbeat," commented International Leasing Securities, in its daily market analysis.
However, some particular scrips like Renata, Marico, Lafarge Surma Cement and GP moved up against the wind and seized positive return, said the International Leasing.
"Coupled with the slump in turnover due to trading halt (trading session lasted for two hours), the bourse ended negative," commented IDLC Investments.
Despite the prevailing offbeat sentiment, dominance of selective heavy-weighted scrips persisted, said the merchant bank.
Besides, multinational companies continued showing robust performance with six of them emerging at top ten gainers' list, it said.
"Backed by these Large Cap segment performed well with 0.62 per cent gain. Consequently, blue chip index, DS30 stood positive with marginal gain, while DSEX ended red," the merchant bank added.
"Trading of all the stocks grounded to a halt at 10:35am after 5 minutes of trading at the morning following to some unknown technical problem." said LankaBangla Securities.
DSE resumed trading at 1:15pm after 2 hours and 40 minutes shutdown of trading. During the shutdown, trading of shares listed on CSE continued, but transactions could not be executed on the DSE platform, said the stock broker.
However, trading on the port city bourse - the Chittagong Stock Exchange (CSE) was as usual. The Selective Categories Index --- CSCX lost 34.67 points to stand at 8,866.02 points.
Losers beat gainers 124 to 56, with 20 issues remaining unchanged at the port city bourse that traded 5.18 million shares and mutual fund units, turnover value of Tk 297.84 million.
Blogger Comment
Facebook Comment