Stocks on Wednesday witnessed downward trend after showing four days positive trend as risk-averse investors went for short- term profit booking on sector-specific shares.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 8.41 points or 0.17 per cent to settle at 4,919.60. The DSE Shariah Index also went down by 0.70 point to close at 1,114.85. However, the DS30 index, comprising blue chips, advanced 4.06 points to finish at 1,706.43.
Turnover, a crucial indicator of the market, stood at Taka 8,207.75 million, which was Taka 7,951.27 million on Tuesday session.
Losers took a strong lead over the gainers, as out of 357 issues traded, 189 ended lower, 95 closed higher while 73 issues remained unchanged on the DSE trading floor.
Beximco Pharma topped the turnover list followed by Asia Pacific Insurance, Associated Oxygen, Peoples Insurance and Republic Insurance.
Eastern Insurance was the day’s best performer, posting a gain of 10 per cent while Zahintex Industries was the worst loser, losing 10 per cent.
The Chittagong Stock Exchange also edged lower with its All Shares Price Index (CASPI)-losing 11 points to close at 14,114 while the Selective Categories Index – CSCX shedding 5.0 points to close at 8,490.
Of the issues traded, 142 declined, 70 advanced and 46 issues remained unchanged on the CSE.
The port city bourse traded 13.91 million shares and mutual fund units with turnover value of Taka 429 million.
