Dhaka, Bangladesh (BBN)-Bangladesh’s stocks edged down on Monday for the second straight session as late sale pressure wiped off early gains.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh, and Chittagong Stock Exchange, the port city bourse of the country, showed downward trend.
Key index of Dhaka Stock Exchange shedded 10.18 points while the selective category index of Chittagong Stock Exchange lost 20.72 points at the closing.
DHAKA STOCK EXCHANGE:
The prime index of the Dhaka Stock Exchange (DSE), dipped below the 4,600-mark and settled at 4,592.33, losing 10.18 points or 0.22 per cent.
The DS30 index, comprising blue chips, fell 3.43 points or 0.19 per cent to finish at 1,744.06.
The DSE Shariah Index (DSES) dropped 2.91 points or 0.26 per cent to end at 1,102.16.
Turnover, however crossed BDT 4.0 billion level and amounted to BDT 4.13 billion, which was 24 per cent higher than the previous session’s BDT 3.33 billion.
The losers took a strong lead over the gainers as out of 321 traded issues, 176 closed lower, 102 higher and 43 remained unchanged on the DSE trading floor.
Beximco Pharma dominated the turnover chart with shares of BDT 185 million changing hands followed by Quasem Drycells, Beximco, ACI and IFAD Autos.
Apex Spinning was the day’s best performer, posting a rise of 8.60 per cent while Sonargaon Textile was the day’s worst loser, plunging by 9.34 per cent.
CHITTAGONG STOCK EXCHANGE:
The port city bourse Chittagong Stock Exchange (CSE) also closed in the red with its Selective Categories Index – CSCX – shedding 20.72 points to end at 8,521.06.
Losers beat gainers 126 to 90, with 28 issues remaining unchanged on the port city bourse that traded 6.67 million shares and mutual fund units with a value of BDT 222 million.
BBN/SK/AD