Dhaka, Bangladesh (BBN)– Dhaka stocks ended flat Tuesday amid volatile trading throughout the session with declining turnover value as most of the investors observing the market situation centering the margin loan waiver facility of small investors.
The market opened with a positive note and stayed for a while but soon after it went to negative territory. After that, the index went through a seesaw during the rest of the trading hours.
The benchmark general index of Dhaka Stock Exchange (DGEN), the yardstick of the market went up by only 3.78 points or 0.08 percent to close at 4,389.01.
The broader All Shares Price Index (DSI) advanced 2.90 points or 0.78 percent to close at 3,676.92.
However, the DSE-20 Index comprising blue-chip shares also slipped 8.48 points or 0.23 per cent to close at 3,544.05.
Out of 249 issues traded, 131 advanced, 98 declined while 20 remained unchanged.
Turnover value declined to only BDT 2.0 billion in value terms, down by 34.21 percent compared to BDT 3.04 billion in the previous session. This was also the one month lowest turnover value since February 7, when it was recorded BDT 1.91 billion.
Beximco topped the turnover chart with trading of BDT 124.47 million.
The other turnover leaders were RN Spinning Ltd, United Air, GP, Summit Power, SIBL, Southeast Bank Limited, NCC Bank, Peoples Leasing and Finance Services Limited and UCBL.
Meanwhile, at Chittagong Stock Exchange, the key index, CSCX, gained 8.28 points to close at 8115.11 with a turnover of BDT 327.80 million. Of the 167 issues traded, 71 advanced, 83 declined and 13 remained unchanged.
BBN/SSR/AD-06Mar12-11:30 pm (BST)
