Stocks go down

Staff Correspondent

4 March, 2021 12:00 AM printer

Stocks go down

Stocks slipped on Wednesday as investors took a breather after a broad two-day rally.

DSEX, the prime index of Dhaka Stock Exchange (DSE), settled at 5,488, shedding 20.19 points or 0.37 per cent over the previous session.

The DS30 index, comprising blue chips, fell 15.85 points or 0.75 per cent to finish at 2,092 while the DSES (Shariah) index lost 3.11 points or 0.25 per cent to close at 1,242.

Bearish sentiment also reflected on the trading activities as total turnover on the DSE amounting to Tk 7.76 billion, which was 6.97 per cent lower than the previous day’s Tk 8.34 billion.

Out of 356 issues traded, 126 closed lower, 131 closed higher and 99 remained unchanged on the DSE trading floor.

The market-cap of DSE also down to Tk 4,714 billion on Tuesday, up from Tk 4,722 billion in the previous day.

Beximco dominated the DSE turnover chart with shares worth Tk 1.46 billion changing hands, closely followed by Robi, Beximco Pharmaceuticals, LankaBangla Finance, LafargeHolcim Bangladesh and Summit Power.

Information Services Network was the day’s best performer, posting a gain of 10 per cent while Savar Refractories was the worst loser, losing 5.36 per cent.

The port city bourse—CSE—also closed lower with its CSE All Share Price Index – CAPSI- shedding 81 points to settle at 15,916 and elective Categories Index - CSCX – falling 50 points to finish at 9,594.

The losers beat the gainers as 97 issues closed lower, 84 higher and 59 remained unchanged on the CSE trading floor.

The port city bourse traded 11.39 million shares and mutual fund units worth more than Tk 328 million in turnover.