Bangladesh’s stocks fall on profit taking

Last updated: October 13, 2014


Dhaka, Bangladesh (BBN)-Bangladesh’s stocks fell slightly on Monday, a day after the premier bourse witnessed the steepest single-day gain in 2014 as investors booked some profit.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 24.79 points or 0.46 percent to close at 5,309.24 points after four day rally.
The DS30, comprising blue chips, lost 4.57 points or 0.22 percent to close at 1,994.12 points.
The DSE Shariah Index declined 3.42 points or 0.27 percent to close at 1,237.74 points.
However, the total turnover on DSE improved to BDT 10.07 billion, registering an increase of 10.05 percent over the previous session’s value of BDT 9.15 billion.
Losers outpaced gainers as out of 305 issues traded, 152 declined, 128 declined and 25 remained unchanged on the DSE floor.
MJL BD was the day’s most traded stocks with shares worth BDT 389.51 million changing hands followed by Square Pharma, GP, Golden Son and Titas Gas.
GSP Finance was the day’s highest gainer, posting a rise of 9.50 percent while Bank Asia was the day’s worst losers, losing 4.74 percent.
The port city bourse, Chittagong Stock Exchange (CSE), also saw marginal correction with its Selective Categories Index – CSCX – lost 15.70 points to close at 9,979.61 points.
Gainers beat losers 115 to 113, with 12 issues remaining unchanged at the port city bourse that traded 19.35 million shares and mutual fund units, turnover value of BDT 591.87 million
BBN/BB/JF-13Oct14-3:10pm (BST)

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