Bangladesh stocks fall for third day

Last updated: October 26, 2014

Dhaka, Bangladesh (BBN)- The country’s stocks ended lower for the third running session on Sunday with turnover remained sluggish as the investors went for selling spree amid countrywide general strike.

DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at 5,111.63 points, shedding 42.46 points or 0.82 per cent from previous session.

The other two indices also closed lower. The DS30, comprising blue chips lost 16.78 points or 0.86 per cent to close at 1,926.89 points. The DSE Shariah Index dropped 10.86 points or 0.89 per cent to close at 1,205.37 points.

The total turnover on DSE dropped further to BDT 5.29 billion, which was 7.51 per cent lower compared to previous session’s value of BDT 5.72 billion.

The losers took a strong lead over the gainers as out of 303 issues traded, 190 declined, 82 advanced and 31 remained unchanged on the DSE floor.

The total market capitalisation of the DSE came down to BDT 3,375.73 billion on the day from BDT 3,384.92 billion in the previous session.

GP was the most traded stock with shares worth Tk 295.84 million changing hands followed by Titas Gas, KPCL, MJL BD and Square Pharma.

Shahjibazar Power Company was the day’s highest gainer for the third running session, posting a rise of 9.96 per cent while Beacon Pharma was the day’s worst loser, slumping by 8.05 per cent.

The port city bourse, Chittagong Stock Exchange (CSE) also closed with its Selective Categories Index – CSCX – lost 62.89 points to close at 9,614.97 points.

Losers beat gainers 160 to 46, with 13 issues remaining unchanged at the port city bourse that traded 9.94 million shares and mutual fund units with turnover value of BDT 385.64 million.

BBN/SSR/AD-26Oct14-5:02 pm (BST)

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