Dhaka, Bangladesh (BBN) – Bangladesh’s stocks ended in the red for the third consecutive days on Wednesday as most of the investors followed cautious stance.
After witnessing volatility throughout the session, the prime index of the Dhaka Stock Exchange (DSE) went down by 6.11 points or 0.13 percent to close at 4,587.37 points.
The DS30 index, comprising blue chips, dropped 5.29 points or 0.30 percent to finish at 1,743.94.
The DSE Shariah Index (DSES) lost 1.79 points or 0.16 percent to end at 1,104.77.
DSE turnover came down to BDT 3.81 billion, which was 4.27 percent lower than the previous session’s BDT 3.98 billion.
The gainers took a modest lead over the losers as out of 323 traded issues, 144 closed higher, 126 lower and 53 remained unchanged on the DSE trading floor.
Aftab Automobiles dominated the turnover chart with share of BDT 165 million changing hands followed by Beximco Pharma, Square Pharma, Quasem Drycells and Delta Life Insurance.
Apex Tannery was the day’s best performer, posting a rise of 10 percent while Asian Tiger Sandhani Life Growth Fund was the day’s worst loser, plunging by 7.79 percent.
The port city bourse, Chittagong Stock Exchange (CSE), also closed marginally lower with its Selective Categories Index – CSCX – shedding 25.58 points to end at 8,508.89.
Losers beat gainers 118 to 93, with 44 issues remaining unchanged on the port city bourse that traded 9.15 million shares and mutual fund units with a value of BDT 272 million.
BBN/AS/ANS
