The all share price index shed few more points Sunday on the Dhaka Stock Exchange (DSE) amid a continued selling pressure. The main two price barometers -- DSI and DGEN -- shed 20.36 and 25.84 points respectively on DSE. All share price index (DSI) declined to 1210.87 while DSE general index fell to 1587.46. Only 17 issued gained while as many as 136 declined and 18 remained unchanged out of 171 traded ones. "Investors are not happy at all with some of the negative news on country's economy and politics as well which triggered the selling pressure," one DSE market operator told the FE Sunday. He cited the example of the recent Monetary Policy Statement of the central bank which hinted at going for a tighter monetary policy in the near and medium term. "The tight monetary policy will naturally affect the private sector credit growth which will have a cascading effect on the stock market," the DSE operator said. Higher interest rates offered by saving certificates and private commercial banks have also cast a negative impact on the stock market in recent periods. "All these negative factors are creating selling pressure among the investors," another market source said. The turnover in value, however, rose to Tk 135.75 million from Tk 118.86 million of Thursday, the last trading day. Market leaders like Lafarge Cement and Square Pharma declined by 2.59 per cent and 1.24 per cent respectively. Beximco Pharma fell to Tk 56.20 registering 1.57 per cent decline. Share prices of Bank Asia, Dhaka Bank, Eastern Bank, Exim Bank, Islami Bank, Mercantile Bank, NCC Bank, One Bank and Prime Bank declined by 1.76 per cent, 3.10 per cent, 0.37 per cent, 1.90 per cent, 1.03 per cent, 3.64 per cent, 4.05 per cent, 1.57 per cent and .97 per cent respectively.
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