Dhaka, Bangladesh (BBN)-Bangladesh’s stocks extending their losing spell for the second day on Thursday as cautious investors continued on profit taking mood.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh, and Chittagong Stock Exchange, the port city bourse of the country, showed downward trend.
Key index of Dhaka Stock Exchange shedded 11.96 points while the selective category index of Chittagong Stock Exchange lost 35.44 points at the closing.
DHAKA STOCK EXCHANGE:
The benchmark index of the Dhaka Stock Exchange (DSE) went down by 11.96 points or 0.26 per cent to close at 4,567.56 points.
The DS30 index, comprising blue chips, fell 4.54 points or 0.25 per cent to finish at 1,753.0 points.
The DSE Shariah Index shed 4.85 points or 0.43 per cent to close at 1,115.22 points
DSE turnover fell further and the total turnover amounted to BDT 4.59 billion, which was 5.36 per cent lower than the previous day’s BDT 4.85 billion.
The losers took a modest lead over the gainers as out of 329 issues traded, 148 closed lower, 110 higher and 52 remained unchanged on the DSE trading floor.
Bangladesh Steel Re-rolling Mills dominated the turnover chart with shares worth BDT 131 million changing hands followed by Quasem Drycells, United Power, Singer BD and BSRM.
Sinobangla Industries was the day’s best performer, posting a rise of 9.94 percent while Shympur Sugar was the worst loser, slumping by 9.09 per cent.
CHITTAGONG STOCK EXCHANGE:
The port city bourse Chittagong Stock Exchange (CSE) also closed lower with its Selective Categories Index, CSCX, falling 35.44 points to finish at 8,573.55 points.
Losers beat gainers as 113 issues closed lower, 94 lower and 38 remained unchanged on the CSE.
The port city bourse traded 12.26 million shares and mutual fund units worth above BDT 346 million in turnover.
BBN/SK/AD