Dhaka stocks break gaining streaks

Stocks today witnessed a downward trend after showing three days of positive trend as investors preferred to book profit on quick-gaining stocks.

DSEX, the key index of the Dhaka Stock Exchange (DSE), went down by 4.22 points or 0.06 per cent to settle at 6,596.66. Two other indices also edged lower. The DS30 index, comprising blue chips, dropped 4.34 points to finish at 2,401.76 and the DSE Shariah Index (DSES) shed 3.01 points to close at 1,448.38, reports BSS.

Turnover, a crucial indicator of the market, also dropped to Tk 28323.07 million on the premier bourse, which was Tk 19898.30 million at the previous session of the week.

Losers took a strong lead over the gainers, as out of 374 issues traded, 156 ended lower, 73 higher and 145 others remained unchanged on the DSE trading floor.

Beximco became the most-traded stock, followed by Orion Pharma, BSC, ACMELAB and LHBL.

CENTRALPHL was the day's top gainer, soaring 9.4 per cent while BDWELDING was the worst loser, losing 9.23 per cent.

But, the Chittagong Stock Exchange (CSE) witnessed higher with the CSE All Share Price Index (CASPI) increasing 56.04 points to settle at 19,450.02 and its Selective Categories Index (CSCX) gaining 35.09 points to close at 11,659.82.

Of the issues traded, 97 declined, 79 advanced and 106 issues remained unchanged.

The port-city bourse traded 83.80 lakh shares and mutual fund units with a turnover value of Tk 49.59 crore.