Dhaka, Bangladesh (BBN)-Bangladesh’s stocks saw marginal correction on Monday for the third consecutive sessions with turnover falling further as investors remained followed cautious stance ahead of Eid festival.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 9.28 points or 0.20 per cent to settle at 4,526.72 points after witnessing marginal volatility.
The DSE Shariah Index (DSES) shed 0.54 points or 0.04 per cent to end at 1,110.56 points. However, the DS30 index, comprising blue chips, moved up by 2.86 points or 0.20 per cent to close at 1,764.49 points.
DSE turnover stood at BDT 4.23 billion, which was 9.62 per cent lower than the previous day’s BDT 5.90 billion.
The losers took a modest lead over the gainers as out of 321 issues traded, 166 declined, 116 advanced and 39 remained unchanged on the DSE trading floor.
United Airways was the day’s top turnover leader with shares worth BDT 278 million changing hands followed by ACI, Olympic Accessories, AFC Agro Biotech and Square Pharma.
Sonali Ansh was the day’s best performer, posting a rise of 9.97 per cent while Pragati Life Insurance was the day’s worst loser, plunging by 9.37 per cent.
The port city bourse Chittagong Stock Exchange (CSE) also closed in the red with its Selective Categories Index – CSCX – lost 13 points to close at 8,486 points.
Losers beat gainers 117 to 87, with 40 issues remaining unchanged at the port city bourse that traded 12 million shares and mutual fund units, turnover of BDT 350 million.
BBN/BB/SK