Dhaka, Bangladesh (BBN) - Bangladesh’s stocks inched down on Tuesday amid see-saw movement throughout the session as risk-averse investors continued on profit taking mood, while some were busy in rebalancing their portfolios.
After witnessing volatile trading throughout the session, DSEX, the prime index of the Dhaka Stock Exchange (DSE), finished at 4,567.68, shedding 1.44 points or 0.03 percent.
The two other indices also closed in the red. The DS30 index, comprising blue chips, fell 2.61 points or 0.15 per cent to settle at 1,783.05 points.
The DSE Shariah Index (DSES) also lost 2.19 points or 0.19 per cent to close at 1,118.93 points.
Turnover, the important indicator of the market, also fell slightly to BDT 4.54 billion, which was 1.94 percent lower than the previous day’s BDT 4.63 billion.
The gainers took a modest lead over the losers as out of 325 issues traded, 134 closed higher, 132 closed lower and 59 remained unchanged on the DSE trading floor.
Delta Brac Housing Finance Corporation dominated the turnover chart with shares worth nearly BDT 255 million changing hands, followed by Titas Gas, MJL Bangladesh, BSRM Steels and Bangladesh Steel Re-rolling Mills.
Ambee Pharmaceuticals was the day’s best performer, posting a gain of 8.73 per cent, while Prime Life Insurance was the worst loser, slumping by 9.54 per cent.
The port city bourse Chittagong Stock Exchange (CSE) finished slightly lower with its Selective Categories Index- CSCX – falling 1.18 points to finish at 8,561.54 points.
Gainers beat losers 97 to 96, with 44 issues remaining unchanged on the port city bourse that traded 6.68 million shares and mutual fund units with a value of above BDT 261 million.
BBN/SSR/BB