Dhaka, Bangladesh (BBN) - Dhaka stocks ended flat on Thursday with high volatility amid dawn-to-dusk countrywide general strike, generally known as hartal enforced by the main opposition BNP and its key ally Jamat-e-Islami.
The benchmark DSE General Index (DGEN), the yardstick of the market, rose 2.87 points or 0.05 per cent to close at 5,652.32.
The broader DSE All Shares Price Index (DSI) went up by 2.27 points or 0.04 per cent to close at 4,727.42. The DSE-20 blue chip index rose 13.98 points or 0.35 per cent to close at 3,933.19.
Though the maker regulator and central bank took a number of positive measures, all efforts failed to bring back investors’ confidence and stabilize the market, market operators said.
Out of 258 issues traded, 106 advanced, 142 declined and 10 remained unchanged on Thursday.
A total of 39.09 million shares changed hands on the day against 38.94 million in the previous session. The trade deals, however, declined slightly to 85,663 against Wednesday’s 89, 476.
Total market capitalization of the DSE stood at BDT 2,733.59 billion against BDT 2,731.90 billion in the previous session.
Among the major sector banks, telecommunications, pharma and fuel and power gained 0.17 per cent, 0.4 per cent, 0.6 per cent and 0.21 per cent respectively.
Non-banking financial institutions (NBFIs) and insurance lost 0.93 percent and 0.4 percent on the day.
BBN/SSR/AD-22SEpt11-9:11 pm (BST)
