Stocks end flat

Staff Correspondent

8 July, 2021 12:00 AM printer

Stocks end flat

Stocks ended almost flat on Wednesday as investors are showing their appetite, particularly on insurance and mutual funds issues.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 19.35 points or 0.31 per cent to reach 6,177.

Two other indices saw an upward trend with the DS30 index, comprising blue chips, gained 2.49 points or 0.11 per cent to reach 2,231 and the Shariah Index (DSES) rose 2.77 points or 0.21 per cent to stand at 1,327 points.

Losers took a strong lead over the gainers, as out of 362 issues traded, 142 advanced, 205 declined and 25 issues remained unchanged on the DSE trading floor.

A total of 244,193 trades were executed in the day’s trading session with a trading volume of 648.58 million shares and mutual fund units.

The daily trade turnover stood at Tk 15.78 billion on the DSE, which was 11.86 per cent higher than the previous day’s lowest turnover of Tk 17.89 billion.

Beximco dominated the turnover chart with shares worth about Tk 1.62 billion changing hands, closely followed by LafargeHolcim Bangladesh (Tk 477 million), Beximco Pharmaceuticals (Tk 281 million), National Feed Mill (Tk 268 million) and Keya Cosmetics (Tk 259 million).

Information Services Network was the day’s top gainer, rising 9.79 per cent, while Alltex Industries was the worst loser, shedding 7.80 per cent.

The Chittagong Stock Exchange (CSE) fell with the CSE All Share Price Index – CASPI –gaining 74.32 points to settle at 17,881 and the Selective Categories Index – CSCX rising 43.32 points to close at 10,739.10.

Of the issues traded, 170 declined, 110 advanced and 27 issues remained unchanged on the CSE.

The port city’s bourse traded 29.49 million shares and mutual fund units with turnover value of Taka 783.02 million.