DSE sheds 12 points

Stocks slipped into the red Wednesday, a day after positive trend amid choppy trading throughout the session as investors remained indecisive. The market saw volatile trading at opening oscillated positive and negative territory several times, eventually landed into the red as the session closed. The prime index of the Dhaka Stock Exchange (DSEX) ended at 4,660.52 points, shedding 12.11 points or 0.25 per cent from previous session. However, the other two indices ended into the green. The DS30, comprising blue chips gained 0.52 points or 0.03 per cent to close at 1,681.76 points. The DSE Shariah Index (DSES) went up by 3.45 points or 0.34 per cent to close at 1,015.15 points. Turnover value on DSE stood at Tk 4.50 billion, registering 33.92 per cent increase over the previous session’s value of Tk 3.36 billion. The gainers took a lead over the losers as out of 289 issues traded, 155 advanced, 110 declined and 24 issues closed unchanged on the DSE floor. The market capitalization of the DSE stood at Tk 2,895.38 billion against Tk 2,895.13 billion in the previous session. Padma Oil became the top turnover leaders with shares worth Tk 447.39 million changing hands followed by BSC, Meghna Pertoleum, Square Pharma and Olympic Industriies. Samarita Hospital was also the day’s highest gainer; posting a rise of 9.93 per cent while Brac Bank was the day’s worst losers, slumping by 14.98 per cent following its price adjustment after record date. The port city bourse --- the Chittagong Stock Exchange (CSE) also closed negative with its Selective Categories Index – CSCX ---lost 36.60 points to close at 9,100.16 points. Gainers beat losers 106 to 100, with 20 issues remaining unchanged at the port city bourse that traded 7.11 million shares and mutual fund units worth Tk 405.94 million.