Dhaka, Bangladesh (BBN)-Bangladesh stocks returned to the red on Wednesday, after remaining upbeat for the two sessions as investors risk-averse investors went for profit booking.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh and Chittagong Stock Exchange, the port city bourse of the country opened with a positive mood and the upward trend sustain till end of the session.
The key index of Dhaka Stock Exchange (DSE) plunged 27.99 points while the port city bourse Chittagong Stock Exchange (CSE) dipped 57.75 points at the closing.
DHAKA STOCK EXCHANGE:
The market was in positive note, but could not sustain amid late hours sale pressure, eventually, the benchmark index of the Dhaka Stock Exchange (DSE), went down by 27.99 points or 0.59 per cent to settle at 4,669.51.
The DS30 index, comprising blue chips, shed 11.42 points or 0.64 per cent to finish at 1,755.87.
The DSE Shariah Index dropped 5.78 points or 0.51 per cent to close at 1,122.46.
The turnover on the premier bourse came down to BDT 6.69 billion, which was 7.08 per cent lower than the previous day’s BDT 7.20 billion.
Losers outnumbered gainers 194 to 99, with 34 issues remaining unchanged on the DSE trading floor.
United Power Generation and Distribution dominated the turnover chart with shares worth BDT 415 million changing hands followed by Beximco Pharma, Active Fine Chemicals, Emerald Oil and Alltex Industries.
Dacca Dyeing was the day’s best performer, posting a rise of 9.69 per cent while the new mutual fund Vanguard AML BD Finance Mutual Fund One was the worst loser, plunging 8.96 per cent.
CHITTAGONG STOCK EXCHANGE:
The port city bourse Chittagong Stock Exchange (CSE) also edged lower with its Selective Categories Index, CSCX, falling 57.75 points or 0.66 per cent to finish at 8,678.68 points.
Losers beat gainers as 158 issues closed lower, 58 higher and 28 remained unchanged on the CSE.
The port city bourse traded 17.06 million shares and mutual fund units worth BDT 415.46 million in turnover.
BBN/SK/AD