Stocks end mixed as DSE closes flat turnover falls

Date:

Post View:

Stocks end mixed as DSE closes flat turnover falls

B Mirror Report: Stocks today showed a mixed trading pattern as opportunistic investors targeted speculative and momentum-driven shares, while selling pressure in large-cap sectors limited overall market gains.

The DSEX, the broad index of the Dhaka Stock Exchange (DSE), remained unchanged at 5,299 points, closing flat compared to the previous session.

Although the market opened higher, activity on both sides of the trading floor prevented any clear direction, despite steady investor participation. Investors remained cautious amid domestic and global developments.

Market turnover declined by 16.3 percent to Tk 8.8 billion, down from Tk 10.6 billion in the previous session.

On the sectoral front, Engineering led turnover with 15.4 percent, followed by General Insurance (12.3 percent) and Textile (11.7 percent). Jute (5.3 percent), Tannery (1.7 percent), and Services (1.3 percent) posted gains, while Travel (-1.6 percent), Cement (-0.7 percent), and Textile (-0.5 percent) declined.

Of the 397 traded issues, 137 advanced, 193 declined, and 66 remained unchanged.

The Chittagong Stock Exchange (CSE) also closed higher, with the CSCX rising 22.9 points and the CASPI gaining 35.0 points.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

National unity needed to confront disasters

B.Mirror Desk: The country has been ravaged by the...

IMF satisfied with government’s reform efforts

Finance Minister Amir Khasru Mahmud Chowdhury said the International...

BSEC approves Rupali Bank’s Tk 680cr capital increase

The Bangladesh Securities and Exchange Commission (BSEC) has approved...

Former Pubali Bank Chairman Moniruddin Ahmed no more

Former Chairman and former Director of Pubali Bank PLC,...