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Stocks ended on a flat note on Tuesday as cautious investors remained observant of the market’s trend.
The prime index of the Dhaka Stock Exchange (DSE) decrease 1.82 points to settle at 5,483.
The capital bourse of the country registered back-to-back flat sessions as cautious investors remained observant due to weakened market strength ahead of the upcoming monetary policy statement, according to EBL Securities.
The blue-chip index DS30, a group of 30 prominent companies, saw a 17.08-point increase to 1961.37, while the DSES Index, which represents Shariah-based companies, saw a 1.56-point decrease to 1,201.86.
The market witnessed a mild volatile swing as investors were active on both sides of the trading fence, while sellers ended up on a slightly dominant side by the end of the session, EBL Securities added.
Turnover, a crucial indicator of the market, stood at Tk 5.64 billion, down by 14.77 per cent from the previous trading day.
The majority of the stocks saw a price decline, as out of the 397 issues traded, 121 closed higher, 221 ended lower, and 55 remained unchanged on the DSE trading floor.
Taufika Foods and Lovello Ice-cream PLC was the most-traded stock with shares worth Tk 233.34 million changing hands, followed by DBH Finance PLC., Orion Infusion Ltd, NRB Bank Limited and Sea Pearl Beach Resort & Spa Limited.
The Chittagong Stock Exchange (CSE) also ended lower with its All Share Price Index (CASPI) losing 15 points to settle at 15617 and the Selective Categories Index (CSCX) losing 6.71 points to settle at 9401.
The port city bourse traded 6.08 million shares and mutual fund units with a turnover volume of Tk 284.74 million.