DHAKA, July 22, 2020 (BSS) – Country’s both bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) registered downbeat after witnessing gaining streak in the last three sessions as risk-averse investors went on selling binge on sector-wise issues.
DSEX, the key index of the DSE, went down by 9.0 points or 0.22 percent to settle at 4,076.
Two other indices also edged lower. The DS30 index saw a fractional loss of 0.18 point to finish at 1,371 and the DSE Shariah Index shed 2.93 points to close at 945.
Turnover, another important indicator of the market, however, remained low and amounted to Tk 2.47 billion on the country’s prime bourse, which was Tk 2.52 billion in the previous session.
Most of the shares remained stuck at the trading. Of the issues traded, 180 remained unchanged while 64 issues advanced and 96 declined on the DSE floor.
A total number of 65,829 trades were executed in the day’s trading session with a trading volume of 85.38 million shares and mutual fund units.
The market-cap on the premier bourse also fell to Tk 3,168 billion on Wednesday, from Tk 3,171 billion in the previous session.
Pioneer Insurance topped the turnover chart with shares worth Tk 117 million changing hands, closely followed by Grameenphone, Nahee Aluminum, Fine Foods and Bangladesh Shipping Corporation.
Pioneer Insurance was also the day’s best performer, posting a gain of 8.33 percent while Islami Bank was the worst loser, losing 9.85 percent following its price adjustment after record date.
The Chittagong Stock Exchange also backed to the red with its All Shares Price Index (CASPI)—losing 14 points to close at 11,607 and the Selective Categories Index – CSCX –shedding 8.0 points to finish at 7,036.
Of the issues traded, 43 gained, 54 declined and 99 remained unchanged on the CSE.
The port city bourse traded 2.27 million shares and mutual fund units with turnover value of Tk 58 million.