Dhaka, Bangladesh (BBN)– Bangladesh’s stocks ended flat on Thursday, after passing a volatile trading session, as most of the investors reshuffled their portfolios ahead of corporate declarations.
After witnessing volatility throughout the session, DSEX, the prime index of the Dhaka Stock Exchange (DSE), finished at 4,537.92, inching down by 0.16 point.
However, the two other indices edged higher. The DSE30 index, comprising blue chips, advanced 2.18 points or 0.12 percent to settle at 1,778.70 points.
The DSE Shariah Index (DSES) also gained 1.29 points or 0.12 percent to close at 1,116.74 points.
Turnover, the important indicator of the market, improved to BDT 4.50 billion which was 16.28 percent higher than the previous day’s value of BDT 3.87 billion.
The gainers took a modest lead over the losers as out of 323 issues traded, 136 closed higher, 133 lower and 54 remained unchanged on the DSE trading floor.
ACME Laboratories dominated the turnover chart with shares worth nearly BDT 392 million changing hands, followed by Shahjibazar Power Company, Delta Brac Housing Finance Corporation, MJL Bangladesh and ACI Formulations.
SEML Lecture Equity Management Fund was the day’s best performer, posting a gain of 9.52 percent, while Samata Leather was the worst loser, plunging by 8.58 percent.
The port city bourse Chittagong Stock Exchange (CSE) closed slightly higher with its Selective Categories Index- CSCX – advancing 6.01 points to finish at 8,477.53 points.
Losers beat gainers 106 to 102, with 44 issues remaining unchanged on the port city bourse that traded 9.97 million shares and mutual fund units with a value of BDT 239 million.