Dhaka, Bangladesh (BBN)-Bangladesh’s stocks edged down for the third running sessions on Monday as investors remained followed cautious stance.
The market opened with a positive note, but could not sustain. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down further by 7.48 points or 0.16 percent to finish at 4,504 points.
The DSE Shariah Index (DSES), dropped 3.52 points or 0.32 percent to end at 1,099.57 points.
However, the DS30 index, comprising blue chips, advanced 1.95 points or 0.11 percent to close at 1,733 points.
DSE turnover stood at BDT 3.80 billion, registering an increase of 23 percent over the previous day’s two months lowest BDT 3.08 billion.
The losers took a modest lead over the gainers as out of 311 issues traded, 144 declined, 112 advanced and 55 remained unchanged on the DSE trading floor.
Titas Gas was the day’s top turnover leader with shares worth BDT 171.60 million changing hands followed by United Airways, Beximco Pharma, Beximco and KPCL.
Hakkani Pulp and Paper was the day’s top gainer, posting a rise of 10 per cent while Modern Dyeing was the worst loser, plunging by 8.78 percent.
However, the port city bourse Chittagong Stock Exchange (CSE), ended in green trend with its Selective Categories Index – CSCX – gained 16 points to close at 8,471.28 points.
Losers beat gainers 116 to 90, with 28 issues remaining unchanged at the port city bourse that traded 10.24 million shares and mutual fund units, turnover of BDT 267 million.
BB/SK/AD