BBN file photo
Dhaka, Bangladesh (BBN) - Bangladesh’s stocks extended loses for the two consecutive sessions on Wednesday amid sluggish trading activities as risk-averse investors continued their selling spree.
Following the previous day’s correction, the key index of the country’s prime bourse fell 15.84 points while the Selective Category Index of port city bourse lost 4.06 points at 10:45am.
After 30 minutes of trading, the DSEX went down by 18 points, while the Selective Category Index of port city bourse also fell 18 points when the report was filing at 11:00am.
DHAKA STOCK EXCHANGE:
After four hours trading session, DSEX, the prime index of Dhaka Stock Exchange (DSE), finished at 5,555.09 points, losing 16.42 points or 0.29 percent over the previous session.
The two other indices also closed lower.
The DS30 index, comprising the blue-chips, fell 1.01 points or 0.05 percent to finish at 2,055 points.
The DSE Shariah Index (DSES) lost 2.83 points or 0.22 percent to close at 1280 points.
Trading activities fell to BDT 6.84 billion, which was 3.0 percent lower than the previous day’s BDT 7.05 billion.
The losers took a modest lead over the gainers as out of the 327 issues traded, 146 closed lower, 144 closed higher and 37 remained unchanged on the DSE trading floor.
Shahjibazar Power Compnay topped the DSE turnover with about 2.56 million shares of BDT 386 million changing hands, followed by LankaBangla Finance, Saif Powertec, BDCOM Online and City Bank.
Islamic Finance was the day’s highest gainer, posting a 9.71 percent rise while Al-Aarafa Islami Bank was the worst loser, plunging by 9.80 percent following its price adjustment after record date.
CHITTAGONG STOCK EXCHANGE:
The port city bourse, the Chittagong Stock Exchange (CSE), also finished lower with its Selective Categories Index - CSCX – losing 18.32 points to settle at 10,445.
Losers beat gainers as 108 issues closed lower, 102 closed higher and 23 remained unchanged on the CSE trading floor.
The port city bourse traded 20.16 million shares and mutual fund units worth BDT 534 million in turnover.
BBN/SS/ANS