Dhaka, Bangladesh (BBN)– Bangladesh’s stocks finished flat on Tuesday, after remaining down in the past session, with increasing turnover value, market operators said.
Following the previous day’s marginal correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive.
DSEX, the prime index of the DSE rose about 30 points in the mid-session, but late hours selling pressure wiped out most of the gains.
Finally, DSEX went up by 3.66 points or 0.06 percent to settle at 5,345 points.
Two other indices also edged higher. The DS30 index, comprising blue chips saw fractional gain of 0.61 point to finish at 1942 and the DSE Shariah index advanced 1.42 points to close at 1,240 points.
Trading activities increased sharply as total turnover on the DSE amounting to BDT 6.35 billion, which was 31 percent higher than the previous session’s BDT 4.85 billion.
Of the traded issues, 145 closed higher, 144 closed lower and 51 remained unchanged on the DSE trading floor.
Alif Industries topped the DSE turnover chart for the second straight session with shares worth BDT 309 million changing hands, closely followed by Khulna Power Company, Pharma Aids, United Power and Monno Ceramic Industries.
The port city’s bourse CSE also closed marginally higher with its CSE All Share Price Index – CAPSI-gaining 28 points to settle at 16,481 and Selective Categories Index – CSCX –advancing 18 points to finish at 9,967 points.
The gainers beat the losers as 111 issues closed higher, 85 ended lower and 19 issues remained unchanged on the CSE.
The port city’s bourse traded 4.42 million shares and mutual fund units worth more than BDT 161 million in turnover.