Share prices on the premier bourse fell yesterday as the majority of investors apparently booked profit from their previous purchase.
DGEN, the benchmark General Index of Dhaka Stock Exchange, finished the day at 4,736.97 points, after falling 63.45 points or 1.23 percent.
“The market is seeing profit-taking from the short term traders. The central bank has deferred the time for provisioning. Banks rallied for the last few days anticipating the news and traders realized their profits on the day,” LankaBangla Securities, a leading stockbroker, said.
Turnover lost 11.47 percent to Tk 979 crore, compared to the previous day.
A total of 2.18 lakh trades were executed with 24.26 crore shares and mutual fund units changing hands on the Dhaka bourse.
Both of the recent top performing sectors, bank and cement, experienced a 4.07 percent and 2.10 percent correction on the day upon profit-booking.
Information technology joined the rally as the sector gained 4 percent after a three-session break.
Of the 272 issues that traded on the DSE floor, 75 advanced, 187 declined and 10 remained unchanged.
United Airways featured in the most traded stocks chart of the day with 2.50 crore shares worth Tk 68.43 crore changing hands. RN Spinning Mills and Titas Gas were the next popular stocks of the day.
Aamra Technologies was the biggest gainer of the day, as it posted a 9.87 percent rise, while ICB AMCL First NRB Mutual Fund was the worst loser, plunging by 9.09 percent.
The Selective Categories Index of Chittagong Stock Exchange closed the day at 9,174.18 points after falling 182.95 points or 1.96 percent.
Losers beat gainers 136 to 53, with eight securities remaining unchanged on the port city bourse that registered transactions of 3.08 crore shares and mutual fund units worth Tk 111 crore.
-With The Daily Star input
