Published :
Updated :
For all latest news, follow The Financial Express Google News channel.
Stocks ended almost flat on Tuesday after choppy trading as investors were active on both sides of the trading fence amid growing tension over Omicron.
The market moved between positive and negative several times before closing marginally higher.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 10.69 points or 0.15 per cent to settle at 6,892. DSEX added around 162 points in the past four straight sessions.
Turnover, a crucial indicator of the market, stood at Tk 11.82 billion on the country’s premier bourse, falling by 10 per cent over the previous day’s one month highest turnover of Tk 13.14 billion.
Market analysts said the buoyant investors showed their buying binge sector-wise stocks while cautious investors opted for booking profit on sector-specific issues, making the volatile.
The DSE Shariah Index also advanced 4.73 points to close at 1,456. However, the DS30 index, comprising blue chips, shed 4.92 points to finish at 2,571.
Losers took a modest lead gainers as out of 378 issues traded,180 declined, 167 advanced and 31 remained unchanged on the DSE trading floor.
A total number of 193,225 trades were executed in the day’s trading session with a trading volume of 255.06 million shares and mutual fund units.
Beximco - the flagship company of Beximco Group-topped the turnover list with shares worth Tk 1.06 billion changing hands, followed by Bangladesh Shipping Corporation (Tk 689 million), Fortune Shoes (Tk 493 million), Active Fine Chemicals (Tk 366 million) and Lovello Ice-cream (Tk 298 million).
Fareast Life Insurance was the day’s best performer, posting a gain of 10 per cent, while ICB Third NRB Mutual Fund was the worst loser, losing 5.40 per cent.
The Chittagong Stock Exchange (CSE) ended slightly lower with its All Shares Price Index (CASPI)—losing 2.56 points to close at 20,154 while the Selective Categories Index – CSCX shedding 0.94 points to close at 12,104.
Of the issues traded, 130 advanced, 128 declined and 34 remained unchanged on the CSE.
The port city bourse traded 10.74 million shares and mutual fund units with a turnover value of more than Tk 357 million.