Stock end flat amid volatility

Stocks closed flat on Tuesday after witnessing modest volatility as investors closely observed the global stock market trend. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 1.06 points or 0.02 per cent to settle at 4,792.93. However, the two other indices managed to close in green. The DS30 index, comprising blue chips, gained 0.86 points or 0.04 per cent to finish at 1,832.92. The DSE Shariah Index (DSES) advanced 0.28 points or 0.02 per cent to end at 1,178.31. Turnover improved to Tk 4.56 billion, which was 14.28 per cent higher than the previous day’s two months lowest turnover of Tk 3.99 billion. The losers took a lead over the gainers as out of issues traded 317 issues traded, 136 closed lower, 123 higher and 58 remained unchanged on the DSE trading floor. Square Pharma was the day’s top turnover leader with shares of Tk 224 million changing hands followed by Lafarge Surma Cement, SPCL, Apex Tannery and United Power Generation and Distribution Company. Apex Fods was the day’s best performer, posting a rise of 8.97 per cent while Samata Leather Complex was the day’s worst loser, plunging by 8.97 per cent. The port city bourse Chittagong Stock Exchange (CSE) also closed flat in red with its Selective Categories Index – CSCX – lost 13.88 points to end at 8,943.10. Losers beat gainers 138 to 68, with 35 issues remained unchanged on the port city bourse that traded 8.88 million shares and mutual fund units with a value of Tk 322 million.