BASL DAILY NEWS BUZZ October 23, 2018 Your Trusted Broker Hadi mansion (7th floor) 2, Dilkusha Commercial Area, Dhaka-1000 [email protected], Tel- 9515826-2, www.basl-bd.com Stock Market Stocks plunge to 21-month low as polls-centric worries bite New Age, October 23, 2018 Dhaka stocks on Sunday plunged to a 21-month low with a fall in the share prices of more than two-thirds of the traded scrips as investors continued offloading their holdings amid political worries ahead of the national elections. DSEX, the key index of Dhaka Stock Exchange, lost 1.48 %, or 79.21 points, to close at 5,251.95 points on Monday after losing 50.35 points in the previous session. Monday’s position of the DSEX was the lowest after January 9, 2017 when it was at 5214.60 points. The plunge in the last two days wiped out around BDT 8,000 crore from the market capitalisation. The turnover on DSE dropped further to BDT 435.32 crore on Monday compared with that of BDT 439.59 crore in the previous trading session. Monday’s turnover was the lowest after June 10 when it was at BDT 407.72 crore. The average share prices of all the sectors except jute declined on the day. The share prices of energy, textile, bank, and non-bank financial institution dropped by 2.0 %, 1.9 %, 1.5 %, and 0.5 % respectively. The share prices of pharmaceuticals and cement sectors also declined more than one % each. Of the 336 companies and mutual funds traded on Monday, 236 declined, just 64 advanced, and 40 remained unchanged. DS30, the blue- chip index of DSE, also dropped by 1.32 %, or 24.99 points, to close at 1,859.32 points. Shariah index DSES also declined by 1.68 %, or 20.75 points, to finish at 1,209.50 points. Khulna Power Company led the turnover chart with its shares worth BDT 24.62 crore changing hands. Dragon Sweater, Summit Power, Square Pharmaceuticals, Delta Life Insurance Company, Indo-Bangla Pharmaceuticals, IFAD Autos, VFS Thread Dyeing, BBS Cables and United Power Generation Company were the other turnover leaders. Central Pharmaceuticals gained the most on the day with an 8.82-per cent increase in its share prices, while Bangladesh Steel Re-Rolling Mills was the worst loser, shedding 13.63 %. http://www.newagebd.net/article/53889/stocks-plunge-to-21-month-low-as-polls-centric-worries-bite Mixed performance of six mutual funds The Financial Express, October 22, 2018 Some six closed-end mutual funds (MFs) have exhibited mixed performance for July-September, 2018 compared to same period of the previous year. During July-September, 2018 the earnings per unit (EPU) of four MFs rose, while the EPU of two others declined. Of the MFs, MBL 1st Mutual Fund has reported its EPU of BDT. 0.21 for July- September, 2018 as against a loss of BDT 0.13 per unit for July-September, 2017. The fund's EPU was BDT. 0.43 for April-September, 2018 as against the loss of BDT 0.05 per unit for April-September, 2017. The NAV per unit at market price was BDT. 11.02 as on September 30, 2018 and BDT. 12.35 as on March 31, 2017. The NAV per unit at cost price was BDT. 10.58 as on September 30, 2018 and BDT. 10.96 as on March 31, 2018 The EPU of AIBL 1st Islamic Mutual Fund was BDT. 0.25 for July-September 2018 as against the loss of BDT 0.07 per unit for July-September 2017. The EPU was BDT. 0.41 for April-September 2018 as against the loss of BDT 0.03 per unit for April-September 2017. Asian Tiger Sandhani Life Growth Fund has reported its EPU of BDT 0.38 for July-September 2018 as against BDT. 0.16 for July-September 2017. The fund's NAV per unit at market price was BDT. 12.70 as on September 30, 2018 and BDT. 13.47 as on June 30, 2018. The NAV per unit at cost price was BDT. 11.86 as on September 30, 2018 and BDT. 12.68 as on June 30, 2018.
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BASL DAILY NEWS BUZZ€¦ · BASL DAILY NEWS BUZZ October 23, 2018 Your Trusted Broker Hadi mansion (7th floor) 2, Dilkusha Commercial Area, Dhaka-1000 [email protected], Tel- 9515826-2,
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