Dhaka, Bangladesh (BBN)-Bangladesh’s stocks ended flat on Wednesday amid choppy trading.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), ended at 4,455.57 points, losing 3.71 points or 0.08 per cent, after witnessing volatile trading throughout the session.
The two other indices – DS30 index, comprising blue chips, and DSES index closed marginally lower.
DS30 lost 7.56 points or 0.44 per cent to close at 1,678.87 points while the DSES shed 0.39 points or 0.03 per cent to end at 1,083.35 points.
DSE turnover dropped to Tk 7.82 billion, which was 3.22 per cent lower that the previous day’s seven month’s highest turnover Tk 8.08 billion.
Gainers took a modest lead over the losers as out of 306 issues traded, 152 advanced, 106 declined and 28 remained unchanged on the DSE floor.
Khulna Power Company Ltd (KPCL) was the day’s top turnover leader with shares worth Tk 635.11 million changing hands.
KPCL has recommended 40 per cent cash dividend for the year ended on December 31, 2014 on Wednesday.
It was followed by Summit Alliance Port Tk 260.04 million, BSCCL Tk 245.73 million, RAK Ceramics Tk 229.63 million and Saif Powertec worth Tk 201.25 million changed hands.
Hakkani Pulp and Papers was the day’s best performer, posting 10 per cent gain while Samata Leather Complex was the day’s worst loser, slumping by 9.65 per cent.
The port city bourse Chittagong Stock Exchange (CSE) however closed marginally higher with its Selective Categories Index – CSCX – gained 6.33 points to close at 8,410.43 points.
Gainers beat losers 116 to 101, with 18 issues remaining unchanged at the port city bourse that traded 29 million shares and mutual fund units with turnover value of Tk 1.18 billion.