Stocks red from profit booking

Staff Correspondent

17 February, 2021 12:00 AM printer

Stocks red from profit booking

Dhaka Stock Exchange fell on Tuesday as investors went on selling spree to book profits as a safe move.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 17.70 points or 0.32 per cent to settle at 5,527.

The DS30 index, comprising blue chips, soared 0.02 points or 0.00 per cent to finish at 2146, while the DSE Shariah Index plunged 7.67 points or 0.61 per cent to close at 1,252.

Turnover stood at Tk 9.96 billion, which was 7.99 per cent lower than the previous day’s turnover of Tk 10.82 billion.

Out of 349 issues traded, 74 advanced, 175 declined and 100 remained unchanged on the DSE trading floor.

A total number of 160,926 trades were executed in the day’s trading session with a trading volume of 231.08 million shares and mutual fund units.

Total market capitalisation dropped to Tk 4,717 billion on Tuesday, from Tk 4,748 billion on the previous day.

Beximco continued to dominate the turnover chart with value of Tk 2.29 billion changing hands, followed by British American Tobacco, Robi Axiata, Beximco Pharma and LankaBangla Finance.

Anlimayarn Dyeing was the day’s best performer, posting a gain of 7.63 percent while Robi Axiata was the worst loser, losing 9.13 percent.

The Chittagong Stock Exchange (CSE) also ended lower with its All Shares Price Index (CASPI)—falling 68 points to close at 16,005 while the Selective Categories Index – CSCX rising 42.68 points to close at 9,656.

Of the issues traded, 50 advanced, 108 declined and 69 remained unchanged on the CSE.

The port city bourse traded 10.52 million shares and mutual fund units with turnover value of more than Tk 380 million.