Published :
Updated :
For all latest news, follow The Financial Express Google News channel.
Stocks ended flat on Wednesday as investors engaged in both buying and selling.
The prime index of the Dhaka Stock Exchange (DSE) decreased by 4.86 points to settle at 5,210.
The country's premier bourse experienced another flat session as investors engaged in both buying and selling, reflecting a cautious market sentiment, according to EBL Securities.
The blue-chip index DS30, comprising 30 leading companies, decreased by 2.94 points to 1,881.43, while the DSES Index, representing Shariah-compliant companies, decreased by 1.35 points to 1,158.21 by the close.
Turnover, a crucial indicator of the market, stood at Tk 4.83 billion, up 6.94 per cent from the previous trading day.
However, interest in select bank stocks persisted, fuelled by expectations of upcoming corporate earnings and dividend announcements. Additionally, mutual funds continued to dominate the top gainer list, driven by investors seeking quick profit opportunities, according to EBL Securities.
The majority of the stocks saw a price decrease, as out of the 395 issues traded, 150 closed higher, 186 ended lower, and 59 remained unchanged on the DSE trading floor.
Shinepukur Ceramics Station was the most-traded stock, with shares worth Tk 133.62 million changing hands, followed by Intraco Refueling Station, Uttara Bank, Fu Wang Food and Taufika Foods, and Lovello Ice-cream.
The Chittagong Stock Exchange (CSE) ended down with its All Share Price Index (CASPI) decreasing by 1.8 points to settle at 14,567 and the Selective Categories Index (CSCX) decreasing by 0.11 points to settle at 8,852.
The port city bourse traded 3.98 million shares and mutual fund units with a turnover volume of Tk 69.42 million.