Bourses extend losing streak

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DHAKA, Feb 25, 2020 (BSS) – Country’s premier bourse, Dhaka Stock Exchange
(DSE), closed today extending losing streak amid poor earnings declarations
by a number of large-cap companies.

The broad index, DSEX closed at 4621.19 points on Tuesday with a loss of
29.69 points or 0.63 percent.

Besides, the two selective indices, Blue Chip index, DSE30 and Shariah
index, DSES also went down by 20.24 points and 3.63 points to settle at
1550.97 points and 1069.93 points respectively.

On the DSE trading floor, a total number of 154,969 trades were executed
in today’s trading session with a trading volume of 211.77 million
securities.

Market turnover, another crucial indicator, stood at Taka 6.29 billion,
which was five percent higher over previous day’s mark of Taka 6.0 billion.

Gainers took a lead over losers as out of 355 issues traded, 179 securities
gained price while 125 declined and 51 remained unchanged.

The top 10 gainers were CVO PRL, Central Pharma, Global Heavy, Mozaffar
Hossain Spinning, Olympic Accessories, Northern Jute, Fu-wang Food, Samata
Leather, Fortune Leather and Far Chemical.

Brac Bank topped the turnover chart followed by VFS Thread, Indo-Bangla
Pharma, Grameenphone, Orion Infusion, Fortune Shoes, Saiham Cotton, Summit
Power, Square Pharma and Orion Pharma.

The top 10 losers were Brac Bank, Family Tex, Saiham Textile, Summit
Power, Paramount Insurance, Rahim Tex, Prime Insurance, Bank Asia, Generation
Next and City Bank.

On the other hand, port city bourse, Chittagong Stock Exchange (CSE), also
closed at red extending the losing trend of previous day.

CSCX and CASPI declined by 72.42 points and 115.06 points to stand at
8583.76 points and 14148.92 points respectively.

At CSE, a total of 10,281,993 shares and mutual fund of 253 companies were
traded, of which 119 issues advanced while 100 declined and 34 issues
remained unchanged.