Stocks end another flat session

Stocks ended another flat session on Sunday amid a choppy trading as late hours sell-offs wiped out all the early gains.

DSEX, the key index of the DSE, saw a fractional loss of 0.85 point or 0.02 per cent to settle at 4,794.

The DSE website has been remained slow for the last three consecutive sessions due to its maintenance and upgradation work, causing investors troubles in executing trading orders properly.

Two other indices of the main bourse also edged higher. Of them, DS30 index, comprising blue chips, advanced 3.91 points to finish at 1,650 and the DSE Shariah Index gained 7.18 points to close at 1,107.

Turnover, a crucial indicator of the market, remained below Tk 10 billion-mark on the country’s premier bourse, at Tk 9.38 billion, almost the same as the previous session of Tk 9.36 billion.

Gainers outnumbered the losers, as out of 355 issues traded, 170 closed higher, 142 ended lower while 43 issues remained unchanged on the DSE floor.

A total number of 187,983 trades were executed in the day’s trading session with a trading volume of 347.77 million shares and mutual fund units.

The market-cap on the premier bourse rose to Tk 3,616 billion on Sunday, from Tk 3,597 billion in the previous session.

Beximco Pharma topped the turnover chart with shares worth Tk 615 million changing hands, closely followed by Beximco, Orion Pharma, IFIC Bank and Bangladesh Shipping Corporation.

Queen South Textile was the day’s best performer, posting a gain of 10 per cent while Premier Leasing was the worst loser, losing 16.39 per cent, following its ‘no’ dividend declaration.

Chittagong Stock Exchange edged down with its All Shares Price Index (CASPI) losing 31 points to close at 13,665 and the Selective Categories Index (CSCX) shedding 17 points to finish at 8,248.

Of the issues traded, 122 gained, 119 declined and 29 remained unchanged on the CSE.

The port city bourse traded 12.70 million shares and mutual fund units with turnover value of Tk 300 million.

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