Dhaka, Bangladesh (BBN)-Bangladesh’s socks closed almost flat on Wednesday with higher turnover as investors re-balanced their portfolios ahead of third quarter earnings declaration.
Key index of Dhaka Stock Exchange sheds 1.09 points and selective index of Chittagong Stock Exchange loses 3.84 points after witnessing volatility almost throughout the session.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 4,852.08, shedding 1.09 points or 0.02 per cent after witnessing volatility almost throughout the session.
The DS30 index, comprising blue chips, lost 6.05 points or 0.32 percent to finish at 1,847.97. The DSE Shariah Index (DSES) shed 5.17 points or 0.43 percent to end at 1,180.89.
Turnover improved to BDT 4.95 billion, which was 13.78 percent higher than the previous session’s BDT 4.35 billion.
The losers took a modest lead over the gainers as out of issues traded 320 issues traded, 151 closed lower, 125 higher and 44 remained unchanged on the DSE trading floor.
GP dominated the day’s turnover chart with shares of BDT 238 million changing hands followed by Saif Powertec, Square Pharma, Islami Bank and FAR Chemicals.
GSP Finance was the day’s best performer, posting a rise of 5.88 percent while BSCCL was the day’s worst loser, plunging by 7.11 percent.
The port city bourse Chittagong Stock Exchange (CSE) also closed slightly lower with its Selective Categories Index – CSCX – lost 3.84 points to end at 9,042.49.
Losers beat gainers 123 to 91, with 34 issues remained unchanged on the port city bourse that traded 9.96 million shares and mutual fund units with a value of BDT 333 million.