Dhaka, Bangladesh (BBN)– Bangladesh’s stocks closed lower for the two consecutive sessions on Tuesday as cautious investors continued to book profit on sector-wise stocks.
The market opened on positive note gaining around 18 points within first 20 minutes of trading. But rest of the session went down amid volatility.
Finally, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 22.51 points or 0.41 percent to settle at 5,411 points.
Two other indices of the DSE also ended lower. The DS30 index, comprising blue chips, fell 11.36 points to finish at 1965 and the DSE Shariah index lost 3.65 points to end at 1,259.
Bearish sentiment also reflected on the trading activities as total turnover on the DSE amounting to BDT 6.39 billion, which was 6.85 percent lower than the previous day’s BDT 6.86 billion.
Of traded issues, 196 declined, 102 advanced and 39 remained unchanged on the DSE trading floor.
Ratanpur Steels Re-rolling Mills was the most traded stocks on the DSE turnover chart with 6.68 million shares worth BDT 435 million changing hands, followed by Monno Ceramic Industries, Grameenphone, United Power and Paramount Textile.
Popular Life Insurance was the day’s best performer, posting a rise of 9.98 percent while the BD Finance was the worst loser, shedding 7.69 percent.
The port city’s bourse, CSE, also ended lower with its CSE All Share Price Index – CASPI- losing 142 points to settle at 16,627.
CSCX, the Selective Categories Index of the CSE, also lost 86 points to finish at 10,052.
The losers beat the gainers as 165 issues closed lower, 56 ended higher and 21 issues remained unchanged on the CSE.
The port city’s bourse traded 20.46 million shares and mutual fund units worth more than BDT 757 million in turnover.