Business News

DSE loses Tk 8,856cr in two months

The Dhaka Stock Exchange saw Tk 8,856 crore — or 2.10 percent — wiped off its market capitalisation in the last two months as institutional investors bided their time on the sidelines while general investors went for panic sell-off. The DSEX, the benchmark index of the premier bourse, declined 58.07 points, or 1.04 percent, yesterday to finish the day at 5,512 — the lowest since January 2. In the last three trading sessions, it lost 119.22 points.

Chittagong stocks also fell, with the bourse’s benchmark index, CSCX, declining 134.56 points, or 1.29 percent, to close at 10,235.88.

Losers beat gainers as 150 declined and 61 advanced, while 35 finished unchanged on the Chittagong Stock Exchange. The port city bourse traded 35.08 lakh shares and mutual fund units worth Tk 10.49 crore.

Source: The Daily Star


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