Dhaka stocks fall for second day

Technical glitch delays day’s stock trading at the DSE by 1.5 hours

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A technical glitch delayed the beginning of trading by 1.5 hours at the Dhaka Stock Exchange (DSE) today when the premier bourse experienced a fall for the second consecutive day. In the morning, the Dhaka bourse through a notice on its website said due to a technical glitch, it could not start trading at its regular scheduled time of 10 am.

Later in a separate notice, the stock exchange informed the investors that today's trading would begin at 11:30 am until 2.50 pm and the 10-minute post-closing adjustment would end at 3 pm. Normally, trading at the Dhaka and Chattogram stock exchanges continues from 10 am to 2:30 pm, including a 10-minute post-closing adjustment.



Earlier, the Dhaka bourse website on March 10 last year faced a technical glitch at the beginning of the day's trading. Today, the DSEX, the benchmark index of the premier bourse of Bangladesh, slumped by 0.66 percent or 34.

45 points from the previous day before closing at 5,165. The other two indexes of the DSE witnessed a similar trend with the DSES index for the Shariah-based stocks edging down by 6.98 points, or 0.

60 percent, to 1,148 and the DS30 index for the blue-chip shares going down by 11.35 points, or 0.59 percent, to 1,919.

Of the issues that were traded on the DSE trading floor, 73 saw price hikes, 270 closed lower and the remaining 54 did not see any price movement. Turnover, which indicates the collective value of share prices, decreased by 0.63 percent to Tk 312 crore compared to the previous trading session.

The food & allied sector dominated the market activities, accounting for 22.03 percent of the total turnover. Fine Foods Limited emerged as the most-traded stock when shares worth Tk 24.

8 crore changed hands. Travel, leisure and miscellaneous became the two sectors that closed on a positive note while jute, services, real estate and the non-bank financial institutions were the top three sectors that closed in negative territory, according to the daily market update by UCB Stock Brokerage. In its daily market update, BRAC EPL Stock Brokerage said all large-cap sectors posted negative performance today.

The NBFI sector experienced the highest loss of 1.89 percent, followed by pharmaceuticals 0.68 percent, engineering 0.

65 percent, food and allied 0.61 percent, fuel and power 0.52 percent, bank 0.

22 percent and telecommunication 0.04 percent. A technical glitch delayed the beginning of trading by 1.

5 hours at the Dhaka Stock Exchange (DSE) today when the premier bourse experienced a fall for the second consecutive day. In the morning, the Dhaka bourse through a notice on its website said due to a technical glitch, it could not start trading at its regular scheduled time of 10 am. Later in a separate notice, the stock exchange informed the investors that today's trading would begin at 11:30 am until 2.

50 pm and the 10-minute post-closing adjustment would end at 3 pm. Normally, trading at the Dhaka and Chattogram stock exchanges continues from 10 am to 2:30 pm, including a 10-minute post-closing adjustment. Earlier, the Dhaka bourse website on March 10 last year faced a technical glitch at the beginning of the day's trading.

Today, the DSEX, the benchmark index of the premier bourse of Bangladesh, slumped by 0.66 percent or 34.45 points from the previous day before closing at 5,165.

The other two indexes of the DSE witnessed a similar trend with the DSES index for the Shariah-based stocks edging down by 6.98 points, or 0.60 percent, to 1,148 and the DS30 index for the blue-chip shares going down by 11.

35 points, or 0.59 percent, to 1,919. Of the issues that were traded on the DSE trading floor, 73 saw price hikes, 270 closed lower and the remaining 54 did not see any price movement.

Turnover, which indicates the collective value of share prices, decreased by 0.63 percent to Tk 312 crore compared to the previous trading session. The food & allied sector dominated the market activities, accounting for 22.

03 percent of the total turnover. Fine Foods Limited emerged as the most-traded stock when shares worth Tk 24.8 crore changed hands.

Travel, leisure and miscellaneous became the two sectors that closed on a positive note while jute, services, real estate and the non-bank financial institutions were the top three sectors that closed in negative territory, according to the daily market update by UCB Stock Brokerage. In its daily market update, BRAC EPL Stock Brokerage said all large-cap sectors posted negative performance today. The NBFI sector experienced the highest loss of 1.

89 percent, followed by pharmaceuticals 0.68 percent, engineering 0.65 percent, food and allied 0.

61 percent, fuel and power 0.52 percent, bank 0.22 percent and telecommunication 0.

04 percent..