Dhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to the red on Wednesday, breaking two winning sessions, as cautious investors booked quick profits.
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 4.98 points while the selective category index of Chittagong Stock Exchange dipped 7.82 points at the closing.
DHAKA STOCK EXCHANGE:
The prime index of the Dhaka Stock Exchange (DSE), went down by 4.98 points or 0.10 per cent to settle at 4,588.74 points, after witnessing volatility almost throughout the session.
The DS30 index, comprising blue chips, shed 3.78 points or 0.21 per cent to close at 1,740.81 points.
The DSE Shariah Index (DSES) dropped 1.77 points or 0.16 per cent to end at 1,102.42.
DSE turnover dropped to BDT 3.94 billion, which was 25 percent lower than the previous day’s turnover of BDT 5.26 billion.
The losers and gainers were almost same as out of 322 issues traded, 139 closed lower, 138 higher and 45 remained unchanged on the DSE trading floor.
Titas Gas Transmission and Distribution Company dominated the turnover chart with share worth BDT 177 million changing hands followed by Beximco, Emerald Oil, ACI and Beximco Pharma.
Miracle Industries was the day’s best performer, posting a rise of 9.67 per cent while Progressive Life Insurance was the day’s worst loser, plunging by 6.96 percent.
CHITTAGONG STOCK EXCHANGE:
The port city bourse Chittagong Stock Exchange (CSE) also returned to the red with its Selective Categories Index – CSCX – losing 7.82 points to end at 8,508.77.
Losers beat gainers 110 to 91, with 32 issues remaining unchanged on the port city bourse that traded 8.53 million shares and mutual fund units with a value of BDT 327.56 million.