Bangladesh’s stocks close lower

Last updated: May 8, 2014

Dhaka, Bangladesh (BBN)-Bangladesh’s stocks ended lower on Thursday after three sessions gain as investors remained in cautious mood.

DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at 4,555.11 points, shedding 20.39 points or 0.44 percent.

The DS30, comprising blue chips lost 11.78 points or 0.70 percent to close at 1,666.00 points. The DSE Shariah Index (DSES) went down by 1.98 points or 0.19 percent to close at 1,012.92 points.

Turnover value amounted to BDT 3.48 billion which was 16.94 percent lower compared to the previous session’s value.

Out of 286 issues traded, 145 declined, 109 advanced and 32 issues closed unchanged on the DSE floor.

The port city bourse -- Chittagong Stock Exchange (CSE) -- also ended lower with its Selective Categories Index – CSCX -- lost 49.51 points to stand at 8,757.60 points.

Losers beat gainers 122 to 59, with 21 issues remaining unchanged at the port city bourse that traded 6.44 million shares and mutual fund units, turnover value of BDT 249.23 million.

BBN/BB/AD-08May14-3:40pm (BST)

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