& çâÌæÚUæð´ ·¤è ¥ôÚU Îð¹Ùæ ÁæÚUè ÚU¹ð´ ¥ÍæüÌ ¥ÂÙð ÜÿØ ÂÚU ŠØæÙ ÚU¹ð´Ð ãæÚU Ù ×æÙð´, €UØô´ç·¤ ·¤æ× ·¤ÚUÙð âð ¥æÂ·¤ô ©gðàØ ·¤è Âýæç# ãôÌè ãñ ¥õÚU ÁèßÙ ·¤æ ¹æÜèÂÙ ÎêÚU ãôÌæ ãñÐ ÖÜð ãè ÁèßÙ ×ð´ ç·¤ÌÙè Öè ·¤çÆÙæ§ü €UØô´ Ù ¥æ°, çÁ™ææâæ ¥õÚU ©ˆâæã ÕÙæ° ÚU¹ð´Ð ŠØæÙ ÚU¹ð´, ÜÿØ ã×ðàææ ¥æÂ·Ô¤ Âæâ ãôÌð ãñ´ çÁ‹ãð´ ÂæÙð ·Ô¤ çÜ° ÂýØæâ ¥æÂ ·¤Öè Öè àæéM¤ ·¤ÚU â·¤Ìð ãñ´Ð

Stocks fall as market optimism runs low

Star Business Report
Dhaka stocks fell yesterday, as investors did not respond optimistically to the proposed incentives in the budget.
Turnover was the lowest in the last 62 sessions, losing 54.41 percent, compared to the previous day, toTk 136 crore.
The benchmark General Index of Dhaka Stock Exchange, DGEN, market-tracking index, finished the day at 4,725.72 points, after falling43.67 points or 0.91 percent.
Finance Minister AMA Muhith, in his budget speech proposed that the dividend income of investors up to Tk 5,000 would be exempted from tax.
He also offered a 10 percent tax rebate for companies that would float 20 percent share of paid-up capital through initial public offerings.
“Investors were not very buoyant about the proposed incentives in the budget,” LankaBangla Securities said in his market analysis.
Brokerage houses faced some problems to execute trade on the newly launched MSA Plus software, contributing to lower trade, IDLC
Investments said in its market commentary.
Both buyers and sellers were inactive as they were puzzled about the consequences of proposed initiatives in the budget, it said.
A total of 0.36 lakh trades were executed, with 2.74 crore shares and mutual fund units changinghandsonthe Dhaka bourse.
Of the 246 issues that traded on DSE, 50 declined, 174 advanced and 22 remained unchanged.
All of the major sectors witnessed losses yesterday. Power lost the most by 1.49 percent, followed by telecomm 1.21 percent, non-bank financial institutions 1.10 percent and banks 0.72 percent.
Pharmaceutical firms were down marginally by 0.25 percent. Four companies from the textile sector featured in the top gainers chart.
HR Textile was the biggest gainer of the day, recording an 8.18-percent gain. ICB AMCL First NRB Mutual Fund was the worst loser, making a loss of 8.25 percent.
Social Islami Bank topped the turnover chart, with 57.41 lakh shares worth Tk 12.31 crore, followed by Lafarge Surma Cement and Padma Oil Company.