Dhaka, Bangladesh (BBN)-Bangladesh’s stocks closed in the mixed trend on Monday as investors remained followed cautious approach.
The Dhaka Stock Exchange (DSE), the prime bourse of Bangladesh, closed marginally higher after witnessing volatility throughout the session while Chittagong Stock Exchange (CSE), the port city bourse of the country, closed in the red.
The key index of DSE witnessed 4.48 points gains while the Selective Category Index of port city bourse CSE drops 15.70 points at the closing.
The benchmark index of the Dhaka Stock Exchange (DSE) settled at 4,583.38 points, gaining 0.09 points or 0.09 per cent.
The DS30 index, comprising blue chips, advanced 0.89 points or 0.05 per cent to end at 1,761.47 points.
The DSE Shariah Index (DSES) rose 2.30 points or 0.20 per cent to finish at 1,124.57 points.
The market turnover value stood at BDT 4.45 billion, which was 4.21 per cent higher than the previous day’s BDT 4.27 billion.
The losers took a strong lead over the gainers as out of 325 traded issues, 166 closed lower, 119 higher and 40 remained unchanged on the DSE trading floor.
BSRM Limited dominated the turnover chart for the third straight sessions with shares worth nearly BDT 430 million changing hands followed by Beximco Pharma, Square Pharma, United Power Generation & Distribution Company and BSRM Steels.
BSRM Ltd was the day’s best performer, posting a rise of 9.19 per cent while Savar Refractories was the worst loser, plunging 8.04 percent.
The port city bourse Chittagong Stock Exchange (CSE), however, edged lower with its Selective Categories Index- CSCX- shedding 15.70 points to end at 8,583.38 points.
Losers beat gainers 145 to 75, with 32 issues remaining unchanged on the port city bourse that traded 8.96 million shares and mutual fund units with a value of BDT 275 million.