Dhaka, Bangladesh (BBN)– Bangladesh’s stocks broke the three-day sharp rally on Monday as risk-averse investors went for short-term profit booking on sector-specific shares.
DSEX, the prime index of the Dhaka Stock Exchange, went down by 1.53 per cent or 74.44 points to settle at 4,785, after soaring 326 points in the past three consecutive sessions.
Two other indices also closed lower. The DS30 index, comprising blue chips, fell 21.84 points to finish at 1,618 and the DSE Shariah Index lost 13.31 points to close at 1,096.
Turnover, a crucial indicator of the market, stood at BDT 14.08 billion on the country’s premier bourse, climbing further by 4.22 per cent over previous day’s mark of BDT 13.51 billion.
Losers outnumbered the gainers, as out of 356 issues traded, 228 closed lower and 118 ended higher while 10 issues remained unchanged on the DSE floor.
The market-cap on the premier bourse also fell to BDT 3,595 billion on Monday, from BDT 3,635 billion in the previous session.
On the other hand, the Chittagong Stock Exchange ended lower with its All Shares Price Index (CASPI)—losing 183 points to close at 13,672 and the Selective Categories Index – CSCX –shedding 124 points to finish at 8,236.
Of the issues traded, 96 gained, 174 declined and 20 remained unchanged on the CSE.
The port city bourse traded 20.41 million shares and mutual fund units with turnover value of BDT 317 million.