Dhaka, Bangladesh (BBN) – Bangladesh’s stocks edged up on Sunday amid choppy trading throughout the session as most of the investors followed cautious stance amid lack of clear direction.
The market opened higher, rising around 14 points within 10 minutes, but failed to sustain the positive momentum.
At the end of the session, DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 4,772.65, gaining 6.93 points or 0.14 percent.
However, the two other indices closed in the red.
The DS30 index, comprising blue chips, lost 4.02 points or 0.22 percent to end at 1,819.16.
The DSE Shariah Index (DSES) dropped 1.79 points or 0.15 percent to finish at 1,175.31.
DSE turnover came down to BDT 4.34 billion, which was 13 percent lower than the previous session’s BDT 4.98 billion.
Gainers outpaced the losers, as out of 319 issues traded, 184 advanced, 98 lost and 37 remained unchanged on the DSE trading floor.
The newly listed Aman Feed dominated the day’s turnover chart for the fourth consecutive sessions with shares of BDT 211 million changing hands followed by Summit Alliance Port, FAR Chemicals, Square Pharma and SPCL.
Hakkani Pulp and paper was the day’s best performer, posting a rise of 9.87 per cent while Modern Dyeing was the day’s worst loser, plunging by 9.10 per cent.
The port city bourse Chittagong Stock Exchange (CSE) also closed flat with its Selective Categories Index – CSCX – gained 0.73 points to settle at 8,890.98.
Gainers beat losers, with 133 issues remained unchanged on the port city bourse that traded 10.34 million shares and mutual fund units with a value of BDT 317 million.