Dhaka, Bangladesh (BBN) – Bangladesh’s stocks edged marginally down on Wednesday after two sessions positive trend with turnover dipped below BDT 4.0 billion mark once again as investors took cautions stance.
The prime index of the Dhaka Stock Exchange (DSE) — DSEX — ended at 4,750.26 points, losing 6.62 points or 0.13 per cent from previous session.
The other two indices also closed in red. The DS30 index, comprising blue chips lost 0.94 points or 0.05 per cent to close at 1,688.74 points. The DSE Shariah Index (DSES) dropped 0.95 points or 0.09 per cent to close at 992.53 points.
The total turnover on DSE came down to BDT 3.96 billion, registering 26.93 per cent decline over the previous session’s value of BDT 5.42 billion.
The losers took a strong lead over the gainers as out of 289 issues traded, 162 declined, 93 advanced and 34 issues closed unchanged on the DSE floor.
The market capitalization of the DSE stood at BDT 2,907.39 billion against BDT 2,907.70 billion in the previous session.
Bangladesh Shipping Corporation (BSC) dominated the top turnover chart with shares worth BDT 240.29 million changing hands followed by Olympic, Confidence Cement, Square Pharma and Meghna Petroleum.
Desh Garment was the day’s highest gainer; posting a rise of 9.87 per cent while Generation Next Fashion was the day’s worst losers, slumping by 19.59 per cent.
The port city bourse — the Chittagong Stock Exchange (CSE) also closed marginally lower with its Selective Categories Index – CSCX lost 12.04 points to close at 9,328.71 points.
Losers beat gainers 141 to 66, with 15 issues remaining unchanged at the port city bourse that traded 7.43 million shares and mutual fund units, turnover value of BDT 365.11 million.
BBN/SSR/AD-26Feb14-11:58 pm (BST)