BBN file photo
Dhaka, Bangladesh (BBN) - Turnover at the Bangladesh’s prime bourse came down to BDT 5.17 billion on Thursday, lowest in the last two months, as investors reluctant to make fresh investment in the market.
Turnover, the most important indicator of the market, stood at BDT 5.17 billion on the Dhaka Stock Exchange, registering a decline of 11.48 percent from the previous day.
It was also the lowest single-day transaction in nearly two months since October 16 when turnover totalled BDT 5.03 billion.
Analysts said investors were mostly inactive and not confident enough to put in fresh funds amid ongoing slow market movement.
The market felt sales pressure from the investors who were sitting on profit.
Following the previous day’s downturn, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened mixed trend amid low participation of investors.
After witnessing volatility in the first 30 minutes of trading, rest of the session fell steadily, finally the key index of the DSE ended more than 18 points lower while CSE’s All Shares Price Index (CAPSI) – CAPSI fell 43 points.
DHAKA STOCK EXCHANGE:
DSEX, the benchmark index of the DSE, which replaced the DGEN in nearly five years back, finished the week at 6,248, shedding 18.07 points or 0.28 percent over the previous session.
The two other indices closed in the red. The DS30 index, comprising blue chips fell 7.40 points or 0.33 percent to close at 2,264.
The DSE Shariah Index (DSES) lost 1.38 points or 0.09 percent to finish at 1,389.
Losers took a modest lead over the gainers as out of 329 issues traded, 145 closed higher, 138 closed lower and 46 remained unchanged on the DSE trading floor.
Bangladesh Thai Aluminium topped the day’s turnover chart with 5.53 million shares of BDT 175 million changing hands, closely followed by Baraka Power BDT 145 million, Paramount Textile BDT 144 million, City Bank BDT 101 million and CMC Kamal BDT 88 million.
Legacy Footwear was the day’s best performer, posting a gain of 9.88 percent while Fu-Wang Food was the day’s worst loser, plunging by 10.08 percent following its price adjustment after record date.
CHITTAGONG STOCK EXCHANGE:
The port city bourse Chittagong Stock Exchange (CSE) also ended lower with CSE All Shares Price Index (CAPSI) – CAPSI – shedding more than 43 points to close at 19,336.
The Selective Categories Index – CSCX – also fell more than 29 points to finish at 11,696.
Losers beat gainers as 108 issues closed lower, 96 closed higher and 38 remained unchanged on the CSE.
The port city bourse traded 7.88 million shares and mutual fund units worth more than BDT 231 million in turnover.
BBN/SS/AD