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DSE ends mixed, CSE slides on volatile trading

Published : Wednesday, 12 September, 2018 at 12:00 AM Count : 322
Business Correspondent

The Dhaka Stock Exchange (DSE) ended mixed while the Chittagong Stock Exchange (CSE) slid following volatile trading on Tuesday, ahead of the Silver Jubilee of the Bangladesh Securities and Exchange Commission (BSEC).
BSEC celebrate the occasion today (Wednesday) with the extension of the trading for half an hour upto 3 pm.
DSEX, the prime index of the DSE, went up by 3.82 points or 0.06 per cent to settle at 5,543, after losing two consecutive sessions. But the DS30 index, comprising blue chips, fell 2.63 points to finish at 1,938 and the DSE Shariah Index saw a fractional loss of 0.56 point to close at 1,271.
Turnover, dipped below Tk 8.0 billion-mark to Tk 7.14 billion, which was 26 per cent lower than the previous session's Tk 9.65 billion. Of the 335 issues traded, 152 declined, 131 advanced and 52 issues remained unchanged on the DSE trading floor.
A total number of 132,663 trades were executed in the day's trading session with trading volume of 164.67 million securities. The market capitalisation of the DSE stood at Tk 3,953 billion on the day which was Tk 3,951 billion in the previous session.
Khulna Power Company topped the turnover chart again with 5.78 million shares worth Tk 608 million changing hands.  The other turnover leaders were Active Fine Chemicals, BBS Cables, IFAD Autos and Confidence Cement.
National Life Insurance was the best performer for the second day in a row, posting a gain of 10 per cent while IFIL Islamic Mutual Fund-1 was the worst loser, losing 10 per cent.
The CSE slid  with its CSE All Share Price Index - CASPI - losing 1.78 points to settle at 17,095 and the Selective Categories Index - CSCX -shedding 1.39 points to finish at 10,361.
The losers beat gainers as 128 issues closed lower, 82 ended higher and 30 issues remained unchanged on the CSE.
The port city's bourse traded 9.92 million shares and mutual fund units worth Tk 448 million in turnover.






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