Dhaka, Bangladesh (BBN) – Bangladesh’s stocks closed marginally lower for the two consecutive sessions on Thursday as risk-averse investors booked profit from quick gaining stocks.
The key index of DSE shaded 13.63 points while the Selective Category Index of port city bourse lost 20.78 points at the closing.
After day-long volatility, DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), settled at 5,719.61 points, shedding 13.63 points or 0.24 per cent over the previous session.
The DS30 index, comprising the blue-chips also fell 9.13 points or 0.43 per cent to finish at 2,090.75 points.
However, the DSE Shariah Index (DSES) advanced 3.17 points or 0.24 per cent to close at 1,303.72 points.
Turnover, the important indicator of the market, came down to BDT 8.17 billion, which was 28 per cent lower than the previous day’s BDT 11.35 billion.
The losers took a strong lead over the gainers as out of 325 issues traded, 179 declined, 107 advanced and 39 issues remained unchanged on the DSE trading floor.
LankaBangla Finance dominated the turnover chart with 6.85 million shares worth nearly BDT 441 million changing hands, followed by City Bank BDT 390 million, Beximco Pharmaceuticals BDT 241 million, Islami Bank BDT 231 million and Square Pharmaceuticals BDT 206 million.
Fine Foods was the day’s top gainer, posting a rise of 5.39 percent while City Bank was the worst loser, slumping by 4.64 per cent.
The port city bourse, the Chittagong Stock Exchange (CSE), also edged lower with its Selective Categories Index – CSCX – losing 20.78 points to settle at 10,754 points.
Losers beat gainers as 144 issues closed lower, 70 closed higher and 33 remained unchanged on the CSE.
The port city bourse traded 18.38 million shares and mutual fund units worth nearly BDT 578 million in turnover.