Dhaka, Bangladesh (BBN)-Bangladesh’s stocks extended losses for the seven consecutive sessions as investors remained cautious due to lack of strong support zone.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh, and Chittagong Stock Exchange, the port city bourse of the country, showed downward trend.
Key index of Dhaka Stock Exchange shedded 19.93 points while the selective category index of Chittagong Stock Exchange lost 2.86 points at the closing.
DHAKA STOCK EXCHANGE:
The benchmark index of the Dhaka Stock Exchange (DSE) went down by 19.93 points or 0.43 per cent settled at 4,513.97 points, after witnessing volatility throughout the trading session.
The DS30 index, comprising blue chips, fell 7.64 points or 0.44 per cent to finish at 1,717.09.
The DSE Shariah Index (DSES) shed 3.91 points or 0.35 per cent to close at 1,090.72 points.
DSE turnover stood at BDT 3.25, which was 2.70 per cent lower than the previous day’s BDT 3.34 billion.
The losers took a strong lead over the gainers as out of 315 traded issues, 181 closed lower, 89 higher and 45 remained unchanged on the DSE trading floor.
Beximco Pharma dominated the turnover chart for the second running session with share worth BDT 208 million changing hands followed by Quasem Drycells, Square Pharma, Emerald Oil and Singer Bangladesh.
Quasem Drycells was the day’s best performer, posting a rise of 7.96 percent while newly listed Regent Textile was the day’s worst loser, plunging by 9.41 per cent.
CHITTAGONG STOCK EXCHANGE:
The port city bourse Chittagong Stock Exchange (CSE) also closed lower with its Selective Categories Index-CSCX- shedding 2.86 points to end at 8,408.11.
Losers beat gainers 115 to 83, with 37 issues remaining unchanged on the port city bourse that traded 7.24 million shares and mutual fund units with a value of BDT 215 million.