Dhaka, Bangladesh (BBN) – Bangladesh’s stocks closed lower for the second running sessions on Thursday amid choppy trading as most of the investors remained cautious.
The benchmark index of the DSE, the prime bouse of the Bangladesh, came down below the 4,800-mark again while selective index of Chittagong Stock Exchange, the port city bourse of the country, lost 43 points when the trading ended.
The benchmark index of the Dhaka Stock Exchange (DSE), came down below the 4,800-mark again settling the week at 4,781.36, shedding 19.26 points or 0.40 percent, after witnessing volatility during the the trading session.
The DS30 index, comprising blue chips, dropped 11.82 points or 0.65 percent to finish at 1,815.99. The DSE Shariah Index (DSES) lost 9.25 points or 0.79 percent to end at 1,149.73.
DSE turnover stood at BDT 3.61 billion, which was 9.30 percent lower than the previous session’s BDT 3.98 billion.
The losers took a modest lead over the gainers as out of issues traded 315 issues traded, 161 closed lower, 113 higher and 41 remained unchanged on the DSE trading floor.
Lafarge Surma Cement dominated the day’s turnover chart with shares of BDT 180 million changing hands followed by Beximco Pharma, GP, Trust Bank and Saif Powertec.
Sunlife Insurance was the day’s best performer, posting a rise of 9.93 percent while Beach Hatchery was the day’s worst loser, plunging by 5.55 percent.
The port city bourse, Chittagong Stock Exchange (CSE), closed lower with its Selective Categories Index – CSCX – losing 43 points to end at 8,913.20.
Losers beat gainers 131 to 75, with 27 issues remaining unchanged on the port city bourse that traded 10 million shares and mutual fund units with a value of BDT 309 million.