Retail investors are in despair as DSE witnesses volatility. BBN file photo

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks finished lower for the two consecutive sessions on Sunday as risk-averse investors booked profit on sector specific stocks.
Following the previous week’s marginal gain, the key index of the country’s prime bourse advanced 13 points while the Selective Category Index of port city bourse rose 42 points within first 15 minutes of trading at 10:45am.
After 30 minutes of trading, the DSEX stood at 5,554.59, advancing 13.88 points while the Selective Category Index of port city bourse gained 27 points.
After that it started to decline which continued till end of the session.
Finally, the prime index of the Dhaka Stock Exchange (DSE), finished at 5533.44, losing 7.26 points or 0.13 percent over the previous session.
The DS30 index, comprising the blue-chips, also saw a fractional loss of 0.29 point or 0.01 per cent to settle at 2033.42 points.
However, the DSE Shariah Index (DSES) advanced 2.93 points or 0.23 percent to close at 1278.
Turnover, an important indicator of the market, however, stood at BDT 7.38 billion, which was 2.64 percent lower than the previous day’s BDT 7.58 billion.
Of the issues traded on the DSE floor, prices of 150 securities advanced, 143 declined and 30 remained unchanged.
Doreen Power topped the day’s turnover chart with 3.61 million shares of nearly BDT 452 million changing hands, followed by United Power, Argon Denim, LankaBangla Finance and Shahjibazar Power.
Central Insurance was the day’s top gainer, posting 9.68 percent gain while Midas Financing was the worst lower, losing 9.40 percent.
The port city bourse, the Chittagong Stock Exchange (CSE), also finished lower with its Selective Categories Index – CSCX – losing 18 points to settle at 10,398.
Gainers, however, beat losers as 117 issues closed higher, 92 closed lower and 29 remained unchanged on the CSE trading floor.
The port city bourse traded 18.50 million shares and mutual fund units worth BDT 504 million in turnover.