Dhaka, Bangladesh (BBN)-Bangladesh’s stocks closed almost flat in the red on Sunday, after remaining positive in the past four trading session, as investors were cautious amid surging volatility in the market.
The key index of Dhaka Stock Exchange (DSE) dropped 4.35 points, while the port city bourse, selective catagory index of Chittagong Stock Exchange (CSE) advanced 13.39 points at the closing.
The benchmark index of the Dhaka Stock Exchange (DSE) settled at 4,480.18 points, falling 4.35 points or 0.09 per cent, after witnessing volatility throughout the session.
However, two other indices managed to close in green territory, maintaining the previous four sessions’ positive trend.
The DS30 index, comprising blue chips posted a fractional gain of 0.46 point or 0.03 per cent to finish at 1,721.53 points.
The DSE Shariah Index (DSES) advanced 1.48 points or 0.14 per cent to close at 1,087.05 points.
DSE turnover came down to BDT 3.68 billion, which was 3.92 per cent lower than the previous day’s BDT 3.83 billion.
The losers took a modest lead over the gainers as out of 316 issues traded, 151 closed lower, 119 higher and 46 remained unchanged on the DSE trading floor.
Aman Feed dominated the turnover chart for the second running session with shares worth above BDT 257 million changing hands followed by LankaBangla Finance, Orion Pharma, CMC Kamal and Beximco Pharma.
Keya Cosmetics was the day’s best performer, posting a rise of 9.91 per cent while United Finance was the worst loser, slumping by 12.38 per cent.
However, the port city bourse Chittagong Stock Exchange (CSE) closed marginally higher with its Selective Categories Index, CSCX, advancing 13.39 points to finish at 8,396.91 points.
Losers beat gainers as 109 issues closed lower, 95 closed higher and 31 remained unchanged on the CSE.
The port city bourse traded 9.16 million shares and mutual fund units worth nearly BDT 266 million in turnover.