Retail investors are in despair as DSE witnesses volatility. BBN file photo
Dhaka, Bangladesh (BBN) — Bangladesh stocks closed flat amid seesaw trade on Wednesday, as late profit booking cut early gains. The market opened higher in the morning and went through ups and downs throughout the entire session.
The benchmark index of Dhaka Stock Exchange DSEX rose almost 5 points or 0.09% to end at 5,459.
The DS30 index, comprising blue chips, saw fractional gain of 0.5 point to 2,027. However, the DSE Shariah Index DSES witnessed fractional loss of 0.8 point to 1,260.
Some junk shares shined, led by Savar Refinery that hit the upper limit circuit breaker jumping 10%. The company is the top gainer of the day.
IT, non-banking financial institutions and food & allied performed well rising 0.89%, 0.48%, and 0.28% respectively.
On the other hand, engineering was the worst loser dropping 0.29%, followed by banks 0.28%, telecommunications 0.07% and Power 0.07%.
The DSE turnover stood at Tk5.5 billion, which was 36.6% higher than the previous session’s value. At DSE, 160 securities gained price, 115 declined and 51 remained unchanged.
BATBC was the highest traded share with a turnover worth Tk 447.3 million, followed by GlaxoSmithKline Bangladesh, Stylecraft, Linde Bangladesh, Bata Shoe, and Renata.
Meanwhile, the Chittagong Stock Exchange Selective Category Index CSCX gained marginally over 2 points to 10,243.
BBN/KMS/ANS
