Dhaka, Bangladesh (BBN)– Bangladesh’s stocks closed in the red for third straight session on Thursday as investors followed cautious stance amid profit taking tendency.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 30.40 points or 0.68 percent to close at 4,436.20 points.

The DS30, comprising blue chips lost 15.45 points or 0.94 percent to close at 1,621.86 points.

The DSE Shariah Index (DSES) shed 6.16 points or 0.61 percent to close at 1,002.92 points.

DSE turnover amounted to BDT 2.62 billion, which was 5.64 percent higher compared to previous session’s T 2.48 billion.

Out of 298 issues traded, 136 declined, 117 advanced and 45 remained unchanged on the DSE floor. 

Appollo Ispat Limited was the most traded stocks with shares worth BDT 351.42 million changing hands followed by Beximco, Lafarge Surma Cement, Peninsula Chittagong and GP.

Appollo Ispat was also the day’s highest gainer, posting a rise of 9.02 percent while Progressive Life Insurance was the day’s worst loser, slumping by 4.52 percent.

The port city bourse, Chittagong Stock Exchange (CSE), closed marginally lower with its Selective Categories Index – CSCX – lost 29.60 points to close at 8,475.17 points.

Losers beat gainers 104 to 67, with 25 issues remaining unchanged at the port city bourse that traded 8.49 million shares and mutual fund units, turnover value of BDT 237.08 million.

BBN/BB/AS-03July14-4:00pm (BST)