Bangladesh’s stock markets extended their downward trend on Thursday, the last trading day of the week, with key indices of both the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) closing lower amid thin trading.
At the DSE, the benchmark DSEX index shed 22 points at the end of the session. Among the other indices, the Shariah-based DSES gained 8 points, while the blue-chip DS30 rose by 9 points.
Market breadth remained negative as prices of 254 companies declined against advances in 69, while shares of 68 companies remained unchanged.
Block trades saw shares of 25 companies worth Tk 24 crore change hands, with Mutual Trust Bank (MTB) accounting for the highest turnover of Tk 6 crore.
Total turnover on the DSE stood at Tk 303 crore, the lowest of the week, down from Tk 375 crore in the previous session.
BD Thai Food & Beverage Limited topped the gainers’ list on the DSE, rising by over 5 percent, while Ratanpur Steel Re-Rolling Mills Limited emerged as the top loser, shedding more than 6 percent.
The bearish trend was also evident at the CSE, where the overall CASPI index dropped 69 points.
Out of the traded issues, prices of 76 companies declined, while 36 advanced and 23 remained unchanged.
The turnover at the CSE stood at Tk 4.50 crore during the session, down from Tk 5.80 crore in the previous trading day.
Doreen Power Generations and Systems Limited topped the CSE gainers with a rise of over 9 percent, while Sena Insurance PLC hit the bottom, losing 10 percent.
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