Dhaka, Sept 25 (bdnews243.com) – Dhaka stocks slumped in the midday trade Tuesday as investors continued selling off shares of heavyweights in banks and power companies to gain from the previous three-day rally.

Mutual funds also added to the losses, which started after a brief rise in the morning session. BRAC Bank and Summit Power led the downbeat.

The main DGEN or general index lost 15.34 points or 0.59 percent to reach 2576.38 at 11:43am. The DSI or all-share price index was down 12.54 points or 0.58 percent to 2124.91.

Turnover stood at Tk 614.29 million from transaction of 60, 39, 077 shares.

BRAC Bank, the leader in turnover by 11:43am, fell for the second day and traded at Tk 1290.75 from Monday's close of Tk 1312.75.

Summit Power dipped to Tk 1420.0 from Tk 1458.

AB Bank, after a day of downturn, climbed to Tk 2398 from Tk 2386.25.

Social Investment Bank, an issue that recorded higher transaction infrequently, surged to Tk 2960 from Tk 2849 after it fixed its book value at Tk 100 from Tk 1000.

Grameen 1 Mutual Fund dropped for the second day and stood at Tk 56.3, down from Tk 57.4.

National Tubes, Beximco Pharmaceuticals and EXIM Bank also traded higher. But AIMS 1st MF and Prime Bank declined on profit-taking.

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