Dhaka, Bangladesh (BBN) – Bangladesh’s stocks saw marginal correction on Wednesday, breaking four session’s winning streak as investors went for late hour sale.
The benchmark index of the Dhaka Stock Exchange – DSEX – again dipped below 4,800-mark and closed the day at 4,796.81, shedding 4.99 points or 0.10 percent.
The DS30 index, comprising blue chips, lost 1.42 points or 0.07 percent to finish at 1,836.24.
The DSE Shariah Index (DSES) dropped 0.49 points or 0.04 percent to end at 1,179.92.
DSE turnover improved slightly to BDT 4.27 billion, which was 1.67 percent higher than the previous session’s BDT 4.20 billion.
The losers took a lead over the gainers as out of issues traded 320 issues traded, 166 closed lower, 108 higher and 46 remained unchanged on the DSE trading floor.
United Airways was the day’s top turnover leader with shares of BDT 243.80 million changing hands followed by Islami Bank, BSRM, BSRM Steels and Quasem Drycells.
Quasem Drycells was the day’s best performer, posting a rise of 9.26 percent while Meghna Condensed Milk was the day’s worst loser, plunging by 6.81 percent.
The port city bourse Chittagong Stock Exchange (CSE) also closed in the red with its Selective Categories Index – CSCX – lost 5.35 points to end at 8,939.35.
Losers beat gainers 124 to 89, with 33 issues remained unchanged on the port city bourse that traded 9.14 million shares and mutual fund units with a value of BDT 280.56 million.
BBN/SS/AI