IBN Sina Pharmaceutical Industry secured a 44 percent year-on-year rise in profit in the January-March period of fiscal year 2023-24, which it attributed to an aggressive marketing strategy and proactive support from the management.
It lost 1.45% to close at 5,778.76 points
There were also positive changes in the market capitalisation of food and allied, engineering, and telecommunication scrips, it said.
In its daily market update, Shanta Securities said the market movement was driven by negative changes in the market capitalisation of travel and leisure, paper and printing, and bank scrips.
Shares at Dhaka Stock Exchange (DSE) ended higher yesterday on suffering a major decline last week due to a buying spree by bargain hunters on selective shares which account for large amounts in market capitalisation.
The DSEX lost 66.73 points to close at 5,834
The Dhaka Stock Exchange (DSE) fell for the eighth consecutive day yesterday as both local and foreign investors went for sales amid lingering economic uncertainty and disappointing corporate earnings while institutional firms sat idle.
Shares at Dhaka Stock Exchange (DSE) continued to fall today.
The long-term imposition of the floor price has had a negative impact on the stock market, leading to the current bearish trend, according to Md Ashequr Rahman, managing director of Midway Securities.
IBN Sina Pharmaceutical Industry secured a 44 percent year-on-year rise in profit in the January-March period of fiscal year 2023-24, which it attributed to an aggressive marketing strategy and proactive support from the management.
It lost 1.45% to close at 5,778.76 points
There were also positive changes in the market capitalisation of food and allied, engineering, and telecommunication scrips, it said.
In its daily market update, Shanta Securities said the market movement was driven by negative changes in the market capitalisation of travel and leisure, paper and printing, and bank scrips.
Shares at Dhaka Stock Exchange (DSE) ended higher yesterday on suffering a major decline last week due to a buying spree by bargain hunters on selective shares which account for large amounts in market capitalisation.
The DSEX lost 66.73 points to close at 5,834
The Dhaka Stock Exchange (DSE) fell for the eighth consecutive day yesterday as both local and foreign investors went for sales amid lingering economic uncertainty and disappointing corporate earnings while institutional firms sat idle.
Shares at Dhaka Stock Exchange (DSE) continued to fall today.
The long-term imposition of the floor price has had a negative impact on the stock market, leading to the current bearish trend, according to Md Ashequr Rahman, managing director of Midway Securities.
The benchmark index of the Dhaka Stock Exchange (DSE) fell below the 6,000-point mark yesterday for the first time in 33 months.