Dhaka, Bangladesh (BBN) – Bangladesh’s stocks returned to the red on Tuesday, after remaining positive in the previous five sessions as investors mostly followed cautious stance.
Analysts said investors booked some profits on selected issues as the market rose in the past five sessions.
DSEX, the prime index of the Dhaka Stock Exchange, settled at 4,784.46, after shedding 7.45 points or 0.15 per cent over the previous trading session.
The DS30 index, comprising blue chips, lost 2.44 points or 0.56 percent to end at 1,829.46.
The DSE Shariah Index (DSES) shed 2.10 points or 0.17 percent to close at 1,175.76.
Turnover on the main bourse dropped to BDT 4.45 billion, which was nearly 6.0 percent lower than the previous session’s BDT 4.73 billion.
The market breath remained negative as out of 320 issues traded, 172 closed lower, 108 higher and 40 remained unchanged on the DSE trading floor.
The newly listed Aman Feed dominated the day’s turnover chart for the sixth consecutive sessions with shares of BDT 202 million changing hands followed by United Airways, Linde BD, Emerald Oil and Square Pharma.
ICB Employees Provident MF 1: Scheme 1 was the day’s best performer, posting a rise of 8.47 per cent while AIMS First Mutual Fund was the day’s worst loser, plunging by 29.50m per cent following its price adjustment after record date.
The port city bourse Chittagong Stock Exchange (CSE) also closed in the red with its Selective Categories Index – CSCX – lost 36.50 points to end at 8,904.58.
Losers beat gainers, 161 to 77, with 20 issues remained unchanged on the port city bourse that traded 10.16 million shares and mutual fund units with a value of BDT 324.49 million.