BBN file photo
Dhaka, Bangladesh (BBN) - Bangladesh’s stocks extended losses for the five consecutive sessions on Wednesday as risk-averse investors continued their selling spree.
Following the previous day’s mild correction, the key index of the country’s prime bourse fell 6.22 points within first 15 minutes of trading at 10:45am.
After 30 minutes of trading, the DSEX stands at 5674 points, losing 8.71 points while the Selective Category Index of port city bourse fell 28.55 points at 11:00am and the downward trend continued till end of the session with no sign of reversal.
The key index of DSE lost 37.08 points while the Selective Category Index of port city bourse shaded 20.31 points at the closing.
DHAKA STOCK EXCHANGE:
The prime index of the Dhaka Stock Exchange (DSE) finished at 5,646.38, losing 37.08 points or 0.65 per cent over the previous day.
The two other indices also ended lower.
The DS30 index, comprising blue chips, fell 14.09 points or 0.66 per cent to finish at 2,093.60 points.
The DSE Shariah Index (DSES) lost 1.85 points or 0.14 per cent to close at 1,299 points.
Turnover, the another important indicator for the market, came down to BDT 7.14 billion, which was 4.43 percent lower than the previous day’s BDT 7.82 billion.
The losers took a strong lead over the gainers as out of 327 issues traded, 170 closed lower, 120 closed higher and 37 remained unchanged on the DSE trading floor.
LankaBangla Finance dominated the DSE turnover chart for the third straight session with 5.03 million shares of BDT 317 million changing hands, followed by Evince Textile, IFIC Bank, Brac Bank and Beximco Pharmaceuticals.
Rahim Textile was the day’s best performer, posting 7.57 per cent rise, while Eastern Bank was the worst loser, slumping by 11.88 per cent following its price adjustment after record date.
CHITTAGONG STOCK EXCHANGE:
The port city bourse, the Chittagong Stock Exchange (CSE), also ended lower with its Selective Categories Index - CSCX – shedding 20.31 points to settle at 10,608.
Losers beat gainers as 115 issues closed lower, 87 closed higher and 35 remained unchanged on the CSE.
The port city bourse traded 20.31 million shares and mutual fund units’ worth BDT 473 million in turnover.
BBN/SK/AD