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Dhaka stocks fall, CSE flat

Star Business Report
Dhaka Stock Exchange indices marked a slight fall yesterday for a second day, despite majority share prices went high.
The market closed down because of a drop in the prices of banking and fuel and power sectors shares, analysts said.
The benchmark index of the premier bourse. DSE General Index, declined by 10.45 points, or 0.38 percent to 2,716.53 points. The DSE All Shan.* Price Index also lost 8.56 points, or 0.38 percent to 2,244.54 points.
Majority of the securities however traded up on tire DSE. Of the 247 traded issues. 125 advanced. 115 declined and seven remained unchanged.
Although tire index moved around a bit in the opening few minutes, the
market was relatively stable and by the end of the first 60 minutes the DGEN remained virtually unchanged.
Later, tire market witnessed a steady decline for the next 90 minutes as DGEN lost about 18 to 19 points.
Then the market started clawing back some of the losses and in the next 45 minutes DGEN gained about 12 points. For the rest of the trading session, the market remained stable.
A total of 3,47,95,830 shares worth Tk 359.54 crore changed hands.
Beximco topped the turnover leaders on the DSE with 17,28,100 traded shares worth Tk 33.79 crore. The other turnover leaders were Bcximco Pharma, Shinepukur Ceramics, Summit Power, Titas Gas, Grameen Mutual Fund One: Scheme Two, AIMS 1st Mutual Fund, ACI Formulations, Keya Cosmetics and Bextex.
Chittagong stocks however closed almost flat. The CSE Selective Categories Index marginally rose 1.34 points, or 0.02 percent to 5,491.49 points. The CSE All Share Price Index marginally fell by 0.31 points, or 0.003 percent to 8,424.87 points.
A total of 62,85,261 shares worth Tk 54.17 crore changed hands on the Chittagong Stock Exchange. Of the 138 traded scrips on the port city bourse, 59 advanced, 74 declined and five remained unchanged.
Beximco topped the turnover leaders on the CSE with 3,71,700 traded shares worth Tk 7.27 crore. The other turnover leaders were Beximco Pharma, Shinepukur Ceramics, Titas Gas, Summit Power, Grameen Mutual Fund One: Scheme Two, AIMS 1st Mutual Fund, Bextex, Maksons Spinning and Square Pharma.