Stocks see moderate fall

Dhaka stocks showed moderate fall on Thursday, after the previous session’s profit-booking drop.

The market was in positive territory for a while before landing in the red on profit-booking sell-off.

The benchmark DSEX index lost 15 points or 0.29 percent at 5,108, while the DSES index was down 5 points or 0.45 percent at 1,180 and blue-chip DS30 index dropped 7 points or 0.41 percent at 1,798.

decreased by 27.47 percent to Tk 705 crore. General insurance, pharmaceuticals and engineering sectors accounted for half of the total turnover.

Profit-taking on telecommunications, pharmaceuticals general insurance, energy and food sectors, outweighed the gains in engineering and jute sectors.

Out of 355 issues traded, 93 advanced, 185 declined and 77 remained unchanged.

Beximco—the flagship company of Beximco Group—was the most traded stocks with shares worth Tk 45 crore changed hands. Beximco Pharmaceuticals—the country’s giant drug maker of the group—came second, followed by IFIC Bank, National Polymer, Dominage, SS Steel and JMI Syringe.

The companies of the same group dominated the trading for long since the news that Beximco will import doses of the coronavirus vaccine from abroad.

National Polymer was the best performer of the day, gaining 9.98 percent after the company said it will offer rights shares to finance the increased working capital along with repayment of bank loans.

Aman Food was the worst performer falling 6.55 percent after its trade resumption following its corporate deceleration.