Dhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to the red, breaking a three-day gaining streak on Thursday, the first trading session of the new fiscal year.
The market opened with a downward note, which sustained throughout the session amid marginal volatility.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 10.52 points or 0.22 percent to settle at 4,572.58 points.
The DSE Shariah Index (DSES) shed 0.98 points or 0.08 percent to end at 1,121.05 points.
However, the DS30 index, comprising blue chips, moved up by 3.54 points or 0.20 percent to close at 1,772.90 points.
DSE turnover stood at BDT 5.04 billion, which was 15 percent lower than the previous day’s BDT 5.90 billion.
The gainers took a marginal lead over the losers as out of 312 issues traded, 140 advanced, 124 declined and 48 remained unchanged on the DSE trading floor.
Newly Listed Olympic Accessories was the day’s top turnover leader with shares worth BDT 318 million changing hands followed by United Airways, Beximco, Appollo Ispat and United Power.
National Tubes was the day’s best performer, posting a rise of 9.98 percent while Hakkani Pulp and Paper was the day’s worst loser, plunging by 9.98 percent.
The port city bourse Chittagong Stock Exchange (CSE) also closed in the red with its Selective Categories Index – CSCX – lost 0.58 points to close at 8,584 points.
Gainers beat losers, 112 to 99, with 32 issues remaining unchanged at the port city bourse that traded 24 million shares and mutual fund units, turnover of BDT 517 million.