Dhaka, Bangladesh (BBN)- Bangladesh’s stocks edged lower on Sunday after witnessing volatility, as late selling pressure wiped off early gains.
After witnessing volatile trading, DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), settled at 4,409.40, losing 9.58 points or 0.22 per cent.
The DS30 index, comprising blue chips, fell 0.66 point or 0.04 per cent to end at 1,737.40 points.
However, the DSE Shariah Index (DSES) advanced 0.60 points or 0.06 per cent to finish at 1,083.48.
DSE turnover came down to BDT 3.32 billion, which was 2.35 per cent lower than the previous session’s BDT 3.40 billion.
The losers took a strong lead over the gainers as out of 316 issues traded, 169 closed lower, 90 lower and 57 remained unchanged on the DSE trading floor.
ACME Laboratories continued to dominate the turnover chart for the fourth trading sessions with 3.07 million shares worth BDT 377 million changing hands, followed by Linde Bangladesh, Bangladesh Steel Re-rolling Mills, Shahjibazar Power and Lafarge Surma Cement.
Exim Bank First Mutual Fund was the day’s best performer, posting a rise of 9.80 per cent, while Regent Textiles was the worst loser, plunging 5.71 per cent.
The port city bourse Chittagong Stock Exchange (CSE) also ended marginally lower with its Selective Categories Index- CSCX- losing 11.28 points to end at 8,263.05 points.
Losers beat gainers 123 to 63, with 23 issues remaining unchanged on the port city bourse that traded 6.32 million shares and mutual fund units with a value of BDT 222 million.
BBN/SSR/BB