Apr 21, 2014, 10:37 am (BST)
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Profit-taking trading brings stock prices down
DHAKA, April 3 (BSS) - Share prices on Dhaka Stock Exchange (DSE) fell today amid profit-taking trading that resulted in the DGEN index losing 56.41 points or 1.09 percent to slide to 5126.16 at close.

Share brokers saw the fall as normal after continuous rise in the past two days when many of the investors went on profit- taking selling.

The 184 losing issues was more than double of the day's 70 gainers, but the rate of price fall to major losers was 4 to 6 percent, lower than the recent average.

DSE daily trade update showed many investors booked huge shares of fuel and energy, aviation, insurance, food, pharmaceuticals and banks though the issues lost at day's close.

IT sector advanced mostly with securing three positions of the day's top 10 gainers. The other gaining issues were mainly from insurance and engineering sector.

The daily turnover was Taka 738 crore, lower than Monday's Taka 990 crore.
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