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DGEN downtrend continues

Posted by bangladesh

The Dhaka Stock Exchange's key index lost 107.20 points around halfway into Monday's trading.

The DGEN reached 4398.84 points or 2.38 percent lower around 12:33pm on the week's second business day.

Shares and mutual funds worth around Tk 899.44 million changed hands so far with prices of 19 issues advancing, 216 declining and 12 remaining unchanged.

Around half an hour into the day's trading, the key index registered an 87.19 points loss when it reached 4418.84 points or 1.93 percent.

The DSE kicked off the week's trading 114.67 points lower, triggering off protest from retail investors. The DGEN closed at 4506.04 points or 2.48 percent down on Sunday.

The premiere bourse's benchmark index had ended the previous week 59.90 points down with a lower turnover of around Tk 1.86 billion. It had lost around 148 points last week.

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