BBN file photo
Dhaka, Bangladesh (BBN) - Bangladesh’s stocks ended almost flat on Monday after volatile trading as investors mostly followed cautious stance.
Analysts said a section of investors closely eyeing on the political front as election nears while some were busy with rebalancing their portfolio, taking the market in the almost flat territory.
After witnessing volatility throughout the session, DSEX, the prime index of the Dhaka Stock Exchange (DSE), advanced 3.01 points.
On the other hand, the Chittagong Stock Exchange ended slightly lower with its CSE All Share Price Index – CASPI – losing 7.32 points.
DHAKA STOCK EXCHANGE
DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 5,279, advancing 3.01 points or 0.05 percent over the previous day.
The DS30 index, comprising blue chips, also advanced 2.27 points to finish at 1,857.
The DSE Shariah Index gained 3.16 points to close at 1,224.
Turnover, another important indicator of the market, however, rose to BDT 6.15 billion, which was 8.0 percent higher than the previous day’s BDT 5.69 billion.
A total number of 139,611 trades were executed in the day’s trading session with trading volume of 135.32 million securities.
The market capitalisation of the DSE stood at BDT 3,828 billion on the day which was BDT 3,816 billion in the previous day.
The losers took a modest lead over the gainers as out of 332 issues traded, 140 advanced, 128 declined and 64 issues remained unchanged on the DSE trading floor.
Saiham Textile topped the DSE turnover chart with 7.02 million shares worth BDT 428 million changing hands.
The other turnover leaders were Shepherd Industries worth BDT 257 million, United Power BDT 193 million, Brac Bank BDT 190 million and Intech BDT 180 million.
Desh Garment was also the day’s best performer, posting a gain of 10 percent while Aman Feed Mills was the worst loser, losing 12.68 percent following its price adjustment after record date.
CHITTAGONG STOCK EXCHANGE
However, the port city bourse ended slightly lower with its CSE All Share Price Index – CASPI – losing 7.32 points to settle at 16,178 and the Selective Categories Index – CSCX –shedding 2.0 points to finish at 9,810.
The losers beat gainers as 111 issues closed lower, 100 ended higher and 30 remained unchanged on the CSE.
The port city bourse traded 9.07 million shares and mutual fund units worth more than BDT 305 million in turnover.
BBN/SS/ANS