Dhaka, Bangladesh (BBN) – Bangladesh’s stocks closed almost flat for the sixth sessions on Tuesday, as investors were mostly cautious to take fresh exposure in the market.
Both bourses – the premier bourse Dhaka Stock Exchange (DSE) and the port city bourse Chittagong Stock Exchange (CSE) opened with a positive, but failed to sustain the momentum as the session progressed, ended in flat.
The key index of the DSE advanced 0.98 points, while the Selective Category Index of port city bourse gained 6.54 points at the end of the four hours trading session.
DHAKA STOCK EXCHANGE:
DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), finished at 4,550.16, advancing 0.98 point of 0.02 percent over the previous day.
The DSE Shariah Index (DSES) also inched up by 1.67 points or 0.15 percent to finish at 1,116.57 points. However, the DS30 index, comprising blue chips, fell 0.33 point or 0.02 percent to settle at 1,777.80 points.
Turnover, the important indicator of the market, however, improved to BDT 4.48 billion, which was 13.42 percent higher than the previous day’s value of BDT 3.95 billion.
The losers took a modest lead over the gainers as out of 325 issues traded, 146 closed lower, 115 higher and 64 remained unchanged on the DSE trading floor.
Beximco Pharmaceuticals dominated the turnover chart with 3.02 million shares worth nearly BDT 265 million changing hands, followed by GP, Linde Bangladesh, Delta Brac Housing Finance Corporation and ACME Laboratories.
Hakkani Pulp and Paper was the day’s best performer, posting a rise of 9.92 percent, while recently listed Evince Textiles was the worst loser, plunging by 7.02 percent.
CHITTAGONG STOCK EXCHANGE:
The port city bourse Chittagong Stock Exchange (CSE) and inched higher with its Selective Categories Index- CSCX – advancing 6.54 points to finish at 8,524.59 points.
Losers beat gainers 119 to 95, with 34 issues remaining unchanged on the port city bourse that traded 8.57 million shares and mutual fund units with a value of BDT 292 million.