Dhaka, Bangladesh (BBN) – Bangladesh’s stocks returned to the red on Thursday, breaking three sessions’ upturn as investors booked profit ahead of Ramadan.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 7.56 points or 0.16 percent to finish at 4,519.85 points, after witnessing volatility throughout the session.
The DS30 index, comprising blue chips, lost 3.45 points or 0.19 percent to close at 1,742.62 points.
The DSE Shariah Index (DSES), shed 2.51 points or 0.22 percent to end at 1,101.66 points.
Turnover, the crucial indicator of the market, came down to BDT 4.06 billion, which was 9.17 percent lower than the previous day’s BDT 4.47 billion.
The gainers took a modest lead over the losers as out of 312 issues traded, 147 advanced, 121 declined and 44 remained unchanged on the DSE trading floor.
United Airways was the day’s top turnover leader with shares worth Tk 173 million changing hands followed by IFAD Autos, BSRM, Beximco and KPCL.
Hakkani Pulp and Paper was also the day’s top gainer, posting a rise of 10 percent while Samata Leather Complex was the worst loser, plunging by 9.44 percent.
The port city bourse Chittagong Stock Exchange (CSE) also ended in the red with its Selective Categories Index – CSCX – shed 16.57 points to close at 8,452.41 points.
Losers beat gainers 114 to 96, with 30 issues remaining unchanged at the port city bourse that traded 11.10 million shares and mutual fund units, turnover of BDT 318.48 million.