DSE closes flat, CSE down

Dhaka stocks closed flat on Monday amid choppy trading with turnover declining slightly as investors followed cautious stance. DSEX, the prime index of the Dhaka Stock Exchange (DSE), ended at 4,554.14 points, shedding a fraction of 0.36 points after witnessing volatility throughout the session. However, the other two indices closed positive. The DS30, comprising blue chips, gained 6.64 points or 0.38 per cent to close 1,712.56 points. The DSE Shariah Index advanced 2.32 points or 0.22 per cent to end at 1,062.77 points. The total turnover on the country’s premier bourse stood at Tk 6.15 billion, 2.68 per cent lower over the previous session’s value of Tk 6.32 billion. The losers took a modest lead over the gainers as out of 299 issues traded, 164 declined, 107 advanced and 28 remained unchanged. Kulna Printing & Packaging Ltd, which made debut today, was the most traded stocks with shares worth Tk 514.24 million changing hands followed by Lafarge Surma Cement, BSRM Steels, GP and Appllo Ispat. Kulna Printing & Packaging was also the day’s highest gainer, posting a rise of 271 per cent in its debut while Green Delta Mutual Fund was the day’s worst loser, slumping 11.32 per cent. The Chittagong Stock Exchange (CSE), however, ended lower with its Selective Categories Index – CSCX – losing 55.14 points to close at 8,541.13. Losers beat gainers 133 to 67, with 23 issues remaining unchanged at the port city bourse that traded 15.42 million shares and mutual fund units, with a Tk 541.55 million turnover value.