Dhaka, Bangladesh (BBN)-Bangladesh stocks witnessed marginal fall on Monday for the second consecutive session with falling turnover as investors kept observing the market movement before taking any fresh investment.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh, and Chittagong Stock Exchange, the port city bourse of the country, showed downward trend throughout the session.
The key index of Dhaka Stock Exchange (DSE) dipped 12.57 points while the port city bourse, selective categories index of Chittagong Stock Exchange (CSE) lost 16.28 points at the closing.
The benchmark index of the Dhaka Stock Exchange (DSE) went down by 12.57 points or 0.28 per cent to settle at 4,467.63 points, after witnessing volatile trading throughout the session.
The DS30 index, comprising blue chips also fell 9.04 points or 0.53 per cent to finish at 1,712.48 points.
The DSE Shariah Index (DSES) dropped 1.63 points or 0.15 per cent to close at 1,085.42 points.
Trading activities also continued to decline as total turnover came down to BDT 3.37 billion, which was 8.42 per cent lower than the previous day’s BDT 3.68 billion.
The losers took a modest lead over the gainers as out of 309 issues traded, 134 closed lower, 122 higher and 53 remained unchanged on the DSE trading floor.
Aman Feed dominated the turnover chart for the third running session with shares worth BDT 200.46 million changing hands followed by Keya Cosmetics, Bangladesh Submarine Cable Company, Orion Pharmaceuticals and Summit Purbanchol Power Company.
Keya Cosmetics was the day’s best performer, posting a rise of 9.02 per cent while NCC Bank First Mutual Fund was the worst loser, slumping by 7.81 per cent.
The port city bourse Chittagong Stock Exchange (CSE) also closed slightly lower after previous day’s marginal gain with its Selective Categories Index, CSCX, falling 16.28 points to finish at 8,380.63 points.
Losers beat gainers as 105 issues closed lower, 81 closed higher and 38 remained unchanged on the CSE.
The port city bourse traded 9.79 million shares and mutual fund units worth BDT nearly 248 million in turnover.