DSE indices fall
Unb, Dhaka
Share prices at Dhaka Stock Exchange (DSE) marked a fall yesterday on Ramadan and liquidity crisis.“It's quite normal. It happened because of Ramadan and cash withdrawal by the central Bank. There is nothing to be worried about it,” DSE Chief Executive Officer (CEO) Salahuddin Ahmed Khan said. Bangladesh Bank on September 24 and 25 withdrew Tk 4837 crore from the market through reverse repo. Only 31 shares registered gains during the day's trading of the total 177 issues while 126 marked fall and 20 remained unchanged. The DSE All Share Price Index (DSI) declined 34.28 points or 2.61 percent to close at 1277.32 yesterday against 1311.60 points the previous day. The DSE General Index (DGEN) also shed 25.62 points or 1.62 percent to finish at 1550.78 against 1576.40 Monday. The DSE-20 Index (DS20), considered as the blue chips, lost 14.35 points or 1.05 percent to close at 1346.83 while it was 1361.19 on the previous day. Top ten gainers of yesterday's market were Ashraf Textile, Delta Life Insurance, Padma Oil, DESCO, Agni System Limited, Mona Food, Olympic, Northern Jute, Information Services Limited and ICB AMCL Islamic Mutual Fund. Top ten losers of the market after Tuesday's trading were Rupali Bank, Wonder Toys, IFIC Bank, AB Bank, Dhaka Fish, City Bank, Progressive Life Insurance Co Ltd, Desh Garmants, Eastern Bank and UCBL.
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