Dhaka, Bangladesh (BBN) – Bangladesh’s stocks edged lower on Sunday with turnover hitting fresh two months low, after marginal gains in the previous session, as investors remained cautious.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 21.84 points or 0.45 percent to settle at 4,790.97.
The two other indices also closed in the red.
The DS30 index, comprising blue chips, lost 5.48 points or 0.29 percent to finish at 1,835.40.
The DSE Shariah Index (DSES) shed 4.90 points or 0.41 percent to end at 1,181.79.
DSE turnover came down to BDT 3.50 billion, which was 17 percent lower than the previous session’s BDT 4.21 billion.
The losers took a lead over the gainers as out of 314 issues traded; 166 closed lower, 104 higher and 44 remained unchanged on the DSE trading floor.
Titas Gas dominated the day’s turnover chart with shares of BDT 197.56 million changing hands followed by Square Pharma, SPCL, United Power and Baraka Power.
Sino Bangla was the day’s best performer, posting a rise of 9.69 percent while Apex Foods was the day’s worst loser, plunging by 7.40 percent.
The port city bourse Chittagong Stock Exchange (CSE) also returned to the red with its Selective Categories Index – CSCX – lost 36.34 points to end at 8,934.27.
Losers beat gainers 136 to 69, with 33 issues remained unchanged on the port city bourse that traded 6.35 million shares and mutual fund units with a value of BDT 231 million.