Dhaka bourse ends in flat

Country’s prime bourse, Dhaka Stock Exchange (DSE) closed on Wednesday trading in flat from winning streak as investors approached waiting stance.

The market passed a volatile day as investors’ oscillated between optimism and watchfulness although it added 78 points in last four consecutive sessions.

It started with buoyancy as bargain hunters continued their buying appetite, especially on the general insurance stocks.

Some other investors, however, rebalanced their investment in financial institution, cement, ceramic, mutual fund, life insurance and telecom sectors on the ongoing year-end and quarter-end corporate declarations.

The broad index, DSEX settled at 4916.85 points on Wednesday with a slight loss of 0.40 points or 0.008 percent.

Besides, two selective indices, Blue Chip index, DSE30 went up by 0.68 points while Shariah index, DSES declined by 2.35 points to settle at 1695.07 points and 1116.74 points respectively.

Trading activities has plunged by 7 percent over last session as some investors remained in sideline to observe the market movement.

On the DSE trading floor, a total number of 173,459 trades were executed in today’s trading session with a trading volume of 294.83 million securities.

DSE’s turnover, a crucial indicator of the market, stood at Taka 8.55 billion from Taka 9.15 billion in the previous session.

Losers took lead over gainers as out of 354 issues traded, 109 securities gained price while 178 declined and 67 remained unchanged.


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