DHAKA: Dhaka Stock Exchange (DSE) saw a fall in transactions by Tk 324 crore on average this past week amid a jittery reaction to market regulator’s directive over margin-loan ratio.

A total of Tk 5,681.97 crore worth of shares were traded on DSE from August 29 to September 2, with average transaction coming to Tk 1,420.49 crore daily.

But in the previous week, total transactions were worth Tk 8720.17 crore with a daily average of Tk 1,744 crore. Though the transaction volume decreased, the market capitalization turned around remarkably.

Earlier, the Securities and Exchange Commission (SEC) in its review committee meeting on August 24 fixed the prices of shares for disbursing margin loan.

Besides, Bangladesh Bank also directed banks and other financial institutions not to invest more than 10 and 25 percent of their deposits in the capital market respectively.

The volume of trade came down following the decisions of the authorities concerned, said stock analysts about the fallout of the caps.  

DSE started the week with a capital of TK 297,777 crore and ended with an amount of TK 33,527 crore, increasing its market+ capital by Tk 5,750 crore. The market-price indices increased Thursday after the fall on consecutive two days.

The top companies in terms of price ups are Desh Garments, CMC Kamal, HR Textile, Saiham Textile, Sonali Ash, Savar Refectories, Jute Spinners, Eastern Housing, Miracle, 8th ICB mutual fund.

Those who suffered loss are Bay Leasing & Investment Ltd, Daffodil Computers, Square Pharma, BLTC, Therapeutics, Islamic Finance, Asia Pacific, The Dhaka Dying, K & Q and Alpha Tobacco.

The top-trading companies on Tuesday were Beximco Ltd, Bextex Ltd, BSRM Steel Ltd, Aftab Automobiles, Square Textile, Titas Gas, United Airways Ltd, People’s leasing, Beximco Pharma and RN Spinning Mills Ltd.

BDST 2036 HRS, SEP 3, 2010