Friday, 19th April, 2024
Friday, 19th April, 2024
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Winning streak at bourses halted

Country’s premier bourse, Dhaka Stock Exchange (DSE) closed on Thursday slipped into red, snapping a two-day winning streak as risk-averse investors rushed for sale on sector-wise issues.

DSEX, the prime index of the DSE, went down by 24.39 points or 0.44 per cent to settle at 5,485, after adding 133 points in the past two straight sessions.

The DSE Shariah Index (DSES) also shed 9.0 points to close at 1,236. However, the DSE 30 Index, comprising blue chips, gained 8.86 points to finish at 2,110.

It became the top turnover leader with more than 1.56 million shares worth over Taka 2.67 billion changing hands, followed by Beximco, Robi, Beximco Pharma and LankaBangla Finance.

Turnover, a crucial indicator of the market, crossed Taka 10 billion-mark after 11 sessions to Taka 10.55 billion, which was 34 per cent higher than the previous day’s turnover of Taka 7.86 billion.

A total number of 156,178 trades were executed in the day’s trading session with a trading volume of 198.48 million shares and mutual fund units.

The market-cap of DSE also fell to Taka 4,697 billion on Thursday, down from Taka 4,709 billion in the previous day.

The Chittagong Stock Exchange (CSE) also ended lower with the CSE All Share Price Index – CASPI -losing 95 points to settle at 15,883 and the Selective Categories Index – CSCX shedding 57 points to close at 9,585.

Of the issues traded, 155 declined, 36 advanced and 51 remained unchanged on the CSE.

The port city’s bourse traded 10.55 million shares and mutual fund units with a turnover value of Taka 833 million.

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