Dhaka, Bangladesh (BBN)-Bangladesh’s stocks slipped into the red on Thursday again amid choppy trading as investors went for quick profit.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 27.77 points or 0.63 percent to close at 4,314.88 points, after witnessing volatile trading throughout the session.
The two other indices also ended in negative zone. The DS30 index, comprising blue chips lost 11.95 points or 0.73 percent to close at 1,623.71 points.
The DSE Shariah Index (DSES) shed 2.26 points or 0.22 percent to close at 1,046.47 points.
However, turnover remained vibrant and amounted to BDT 6.69 billion, which was 5.0 percent higher than the previous session’s value BDT 6.37 billion.
The losers took a modest lead over the gainers as out of 299 issues traded, 169 declined, 105 advanced and 25 remained unchanged on the DSE floor.
United Power Generation and Distribution Company remained the top turnover chart with shares worth BDT 547.16 million changing hands followed by ACI Formulations, Western Marine Shipyard, KPCL and ACI.
The port city bourse Chittagong Stock Exchange (CSE) also ended lower with its Selective Categories Index- CSCX- lost 41 points to close at 8,137 points.
Losers beat gainers 140 to 79, with 18 issues remaining unchanged at the port city bourse that traded 18 million shares and mutual fund units, turnover value of BDT 550 million.