DHAKA: Breaking a single-day gaining streak, stocks rebound on Sunday (March 31) as all indices of the country’s two bourses-Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) returned to red amid investors’ cautious stance.

However, the turnover in DSE, the important indicator of the market, increased to Tk 3,615 million from the Thursday’s Tk 3,525 million.

DSEX, the key index of DSE, lost 13.59 points or 0.24 percent to settle at 5,491.90 points.

However, two other indices followed the same trend.

The DSE Shariah Index saw loss of 6.01 point or 0.46 percent to close at 1,275.

The DS30 index, comprising blue chips, also shed over 1.46 points or 0.07 percent to finish at 1,967.

“Market displayed downturn as shaky investors continued their selling spree following concern over the prevailing liquidity shortage in the financial sector along with the tensions of the upcoming budget declaration,” EBL Securities in its daily market analysis.

Losers dominated the day’s trading on DSE as out of a total 347 traded issues, 191 lost against 106 gaining securities and 49 unchanged.

Top five gainers were AGRANINS, PRIMEINSUR    , PROVATIINS UNITEDINS and EASTRNLUB while the top five losers were MEGHNAPET, EBLNRBMF, QUASEMIND, AAMRATECH    and AAMRANET.

In the port city bourse, the CSE also ended lower with its All Share Price Index – CASPI –declining 78.11 points or 0.46 percent to close at 16803 points.

The losers beat the gainers as 137 issues closed down against 60 gaining issues and 33 remained unchanged on the CSE.

The value of the traded issues was Tk 152.60 million.

BDST: 2016 HRS, MAR 31, 2019
RS/SMS