Stocks back in the red

Shares on the Dhaka and Chittagong stock exchanges returned to red today.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), lost 14 points, or 0.23 per cent, to 6,256.

The DS30, the blue-chip index, fell 0.24 per cent to 2,226 while the DSES, the shariah-compliant index, dropped 0.24 per cent to 1,368.

Turnover, a key indicator of the market, edged down 0.5 per cent to Tk 433 crore.

Of the securities, 23 advanced, 143 declined and 143 did not show any price movement.

Navana CNG made the highest gain with an increase of 8 per cent. Standard Insurance, BDCOM Online, Emerald Oil Industries, and Bengal Windsor Thermoplastics were also on the top gainers' list.

BD Thai Food & Beverage was the highest loser, shedding more than 3 per cent, despite reporting a 13 per cent year-on-year growth in profit in the October-December quarter of the current financial year.

Eastern Housing, City General Insurance, Aamra Networks, and Hwa Well Textiles (BD) were also among the significant losers.

Olympic Industries was the most-traded stock with its issues worth Tk 31 crore transacting.

Genex Infosys, Bangladesh Shipping Corporation, Gemini Sea Food, and Apex Footwear also registered significant turnover.

The Caspi, the all-share price index of the Chittagong Stock Exchange, went down 35 points, or 0.19 per cent, to close at 18,462.

Of the issues, 16 rose, 67 retreated and 44 did not see any price swing.

However, the turnover of the port city bourse rose 90 per cent to Tk 12.6 crore.