Dhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to the red on Sunday, a-day after positive session, as most of the investors remained indecisive amid lack of clear direction.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh, and the Chittagong Stock Exchange, the port city bourse of the country, opened with mixed mood.
Key index of Dhaka Stock Exchange shedded 9.33 points while the selective category index of Chittagong Stock Exchange dipped 14.84 points at the closing.
The prime index of the Dhaka Stock Exchange (DSE) settled at 4,511.53, losing 9.33 points or 0.20 per cent, after witnessing volatility almost throughout the session.
The DS30 index, comprising blue chips, lost 5.10 points, 0.29 percent to finish at 1,714.63.
The DSE Shariah Index (DSES) shed 1.63 points or 0.14 per cent to end at 1,088.96.
However, trading activities improved to BDT 3.48 billion, which was 21.68 per cent higher than the previous session’s BDT 2.86 billion.
The losers took a modest lead over the gainers as out of 320 traded issues, 151 closed lower, 129 lower and 40 remained unchanged on the DSE trading floor.
Beximco Pharma dominated the turnover chart for the four sessions in a row with share worth BDT 232 million changing hands followed by Quasem Drycells, Emerald Oil, Square Pharma and Lafarge Surma Cement.
Apex Foods was the day’s best performer, posting a rise of 9.93 per cent while newly listed Regent Textile was the day’s worst loser, plunging by 8.53 per cent.
The port city bourse Chittagong Stock Exchange (CSE) also closed in the red with its Selective Categories Index- CSCX – losing 14.84 points to end at 8,384.32.
Losers beat gainers 119 to 89, with 31 issues remaining unchanged on the port city bourse that traded 7.15 million shares and mutual fund units with a value of BDT 229 million.