Stocks fell for the first straight session on Tuesday as risk-averse investors opted for booking profits on quick-gaining stocks.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 16.56 points or 0.29 per cent to settle at 5,516.Two other indices also edged lower with the DSE 30 Index, comprising blue chips, lost 17.32 points or 0.81 per cent to finish at 2,111 and the DSE Shariah Index (DSES) shed 1.44 points or 0.11 per cent to close at 1,261.
Turnover, a crucial indicator of the market, gained to Tk 6.98 billion, which was nearly 12 per cent higher than the previous day’s turnover of Tk 6.23 billion.
Out of 363 issues traded, 143 declined, 106 advanced and 114 issues remained unchanged on the DSE trading floor.
A total number of 161,261 trades were executed in the day’s trading session with a trading volume of 188.79 million shares and mutual fund units.
The market-cap of DSE also dropped slightly to Tk 4,785 billion on Tuesday, down from Tk 4,802 billion in the previous session.
Beximco was the most-traded stock with shares worth about Tk 736 million changing hands, closely followed by Robi (Tk 378 million), Lanka Bangla Finance (TK 269 million), GBB Power (Tk 249 million) and LHBL (Tk 244 million).Aziz Pipes was the day’s top gainer, posting a gain of 9.95 per cent, while Lub-rref (Bangladesh) was the worst loser, losing 6.46 per cent.
The Chittagong Stock Exchange (CSE) also edged lower with the CSE All Share Price Index – CASPI –losing 86 points to settle at 15,967 and the Selective Categories Index – CSCX shedding 52 points to close at 9,631.
Of the issues traded, 103 declined, 75 advanced and 75 remained unchanged on the CSE.
The port city’s bourse traded 8.81 million shares and mutual fund units with a turnover value of Tk 348 million.