Investors book profit on large-cap stocks

Dhaka stocks closed flat in the red on Sunday after four-day gaining streak with thin trading activities as investors booked profit on large cap stocks. DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at 4,641.45 points, shedding 0.92 points or 0.01 per cent from previous session. The other two indices also closed in red. The DS30, comprising blue chips lost 10.00 points or 0.56 per cent to close at 1,748.23 points. The DSE Shariah Index went down by 8.03 points or 0.73 per cent to close at 1,080.89 points. The total turnover on DSE came down to Tk 5.19 billion, which was 13.78 per cent lower over the previous session’s value of Tk 6.02 billion. However, the gainers took a lead over the losers as out of 296 issues traded, 142 advanced, 130 declined and 24 remained unchanged on the DSE floor. Beximco Limited was the day’s most traded stocks with shares worth Tk 173.20 million changing hands followed by BSRM Steels, MJL BD, Saiham Textile and GP. ACI Formulations was the day’s highest gainer, posting a rise of 9.97 per cent while Modern Dyeing was the day’s worst loser, slumping by 9.12 per cent. However, the port city bourse, Chittagong Stock Exchange (CSE) closed in positive with its Selective Categories Index – CSCX – gained 16.33 points to close at 8,741.58 points. Losers beat gainers 105 to 104, with 17 issues remaining unchanged at the port city bourse that traded 12.61 million shares and mutual fund units with turnover value of Tk 408.19 million.