Dhaka, Bangladesh (BBN)–Bangladesh’s stocks edged marginally lower for the fourth straight sessions on Tuesday as investors followed cautious stance.
The market opened with a positive note, but could not sustain as the session progressed.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down further by 14.52 points or 0.32 percent to settle at 4,489.45 points.
However, the two other indices managed to close positive territory.
The DS30 index, comprising blue chips, advanced 0.21 points or 0.01 percent to close at 1,733.21 points.
The DSE Shariah Index (DSES), moved up by 0.24 points or 0.02 percent to end at 1,099.82 points.
DSE turnover stood at BDT 4.34 billion, registering an increase of 14 percent over the previous day’s BDT 3.80 billion.
The losers took a modest lead over the gainers as out of 318 issues traded, 158 declined, 114 advanced and 46 remained unchanged on the DSE trading floor.
Lafarge Surma Cement was the day’s top turnover leader with shares worth Tk 375 million changing hands following the news of its category change.
It was followed by Beximco Pharma, Beximco, GP and Familytex (BD).
Hakkani Pulp and Paper was the day’s top gainer, posting a rise of 9.87 per cent while Al-Haj Textile was the worst loser, plunging by 7.60 per cent.
The port city bourse Chittagong Stock Exchange (CSE) also ended in the red with its Selective Categories Index – CSCX – lost 63.70 points to close at 8,412.80 points.
Losers beat gainers 131 to 73, with 31 issues remaining unchanged at the port city bourse that traded 13.26 million shares and mutual fund units, turnover of BDT 358 million.
BBN/BB/ANS