Stocks end flat in volatility

The benchmark index of Dhaka Stock Exchange DSEX inched down 6 points to finish at 4,579. The DS30 index, comprising blue chips, witnessed a fractional rise of 0.4 points to 1,766. The DSE Shariah Index dropped only 2 points to 1,119. The Chittagong Stock Exchange Selective Category Index CSCX declined 12 points to 8,570. Trading activities decreased as the DSE turnover stood at Tk47 crore, which is down 8% over the previous session. Engineering sector dominated the turnover chart, accounting for more than 20% of the total trade value of the day. All the large cap sectors showed negative performance except power that edged 0.43% higher. Food and allied posted the highest loss of 1.4%, dragged down by BATBC (-1.1%) and Olympic Industries (-1.9%). Most other sectors, including pharmaceuticals, telecommunication, banks and non-banking financial institutions closed marginally lower. Low-cap ceramics sector was the best performer of the day gaining 1.3%, led by RAK Ceramic.