Bangladesh stock’s close lower

Last updated: March 20, 2013

Dhaka, Bangladesh (BBN): Stocks went down on the bourses on Wednesday after fifth session gaining streak with turnover rose slightly from previous session as confused investors sold shares.

The General Index of the Dhaka Stock Exchange (DGEN) went down by 38.39 points or 0.96 per cent to close at 3,938.50 points.

The total turnover at DSE stood at BDT 1.80 billion, up slightly by 11.11 per cent from previous session’s value of BDT 1.62 billion.

Of the 263 companies and mutual fund units were traded on the DSE and among them 193 declined, 46 advanced and 24 remained unchanged.

Orion Pharma which made debut today (Wednesday) was the most traded stocks with shares worth Tk 475.54 million changing hands, accounting 26.40 per cent of day’s total turnover value.

The Orion Pharma was also the day’s top gainer, posting a rise of 25.33 per cent while Aziz Pipes was the day’s worst loser, slumping by 9.35 per cent.

The Chittagong Stock Exchange (CSE) also closed lower with the Selective Categories Index of the CSE lost 99.91 points 1.29 per cent to close at 7,626.48 points.

Losers beat gainers 142 to 21 with 7 issues remaining unchanged on the port city bourse that traded 6.51 million share and mutual fund units, generating turnover of Tk 290.51 million.

BBN/BB/AD/20Mar-13-3.45pm (BST).

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