Stocks break gaining streak

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DHAKA, Jan 13, 2021 (BSS) – Stocks today witnessed a downward trend after showing three days of positive trend as risk-averse investors went for short-term profit booking on sector-specific shares.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 1.55 percent or 91.02 points to settle at 5,770.01. Two other indices also closed lower. The DS30 index, comprising blue chips, fell 35.10 points to finish at 2,159.88 and the DSE Shariah Index lost 21.03 points to close at 1,301.64.

Turnover, a crucial indicator of the market, stood at Taka 21.08 billion on the country’s premier bourse which was Taka 19.83 billion at the previous session of the week.

Losers outnumbered the gainers, as out of 360 issues traded, 249 closed lower and 56 ended higher while 55 issues remained unchanged on the DSE floor.

Robi topped the turnover chart, closely followed by Beximco, Lanka Bangla Finance, Beximco Pharma and LHBL.

AIBL1STIMF was the day’s best performer, posting a gain of 9.9 percent while Megcon Milk was the worst loser, losing 9.6 percent.

The Chittagong Stock Exchange ended lower with its All Shares Price Index (CASPI)-losing 249.07 points to close at 16,840.48 and the Selective Categories Index – CSCX -shedding 146.49 points to finish at 10,153.28.

Of the issues traded, 51 gained, 198 declined and 33 remained unchanged on the CSE.

The port city bourse traded 34.07 million shares and mutual fund units with turnover value of Taka 141.61 crore.