Stocks witness flat on lower transactions

The Dhaka Stock Exchange and Chittagong Stock Exchange experienced a downtrend in the share price index.File photo

Stock markets on Thursday witnessed flat when daily transactions declined on lower demand.

The day's trade value at DSE declined to Tk 14,338.78 million from Wednesday's Tk 19,529.92 million and the daily trade fell to 316.60 million shares from 425.70 million of the previous session.

The broader DSEX index of Dhaka Stock Exchange (DSE) closed the day with 5.17 points down at 7,243.27. But, the blue-chip DS30 and the Shariah DSES closed the day with 1.57 points down at 2,719.14 and with 0.83 points down at 1,567.44.

At the DSE, prices of 114 securities out of the day's 376 closed higher against 219 losing issues.

The major gaining issues were ALIF, ANWARGALV, DESHBANDHU, Fortune and BDLAMPS. The major losing issues were HRTEX, RENWICKJA, NHFL, Fareast Finance and RSRM Steel.

The Chittagong Stock Exchange (CSE) closed the day of the week with downward trend with its major CASPI 67.16 points down at 21,116.72.

At the CSE, a total of 294 issues were traded while 90 closed higher and 179 closed lower as 13.70 million shares worth Tk 462.20 million changed hands.