Dhaka, Bangladesh (BBN) – Bangladesh’s stocks returned to the red on Wednesday after previous session’s sharp gain as investors went for selling spree to book quick profit.
DSEX, the prime index of the Dhaka Stock Exchange (DSE) went down by 63.66 points or 1.21 percent to close at 5,170.15 points.
The DS30, comprising blue chips lost 23.05 points or 1.16 percent to close at 1,948.99 points. The DSE Shariah Index shed 12.94 points or 1.04 percent to close at 1,220.54 points.
However, the total turnover on DSE improved to BDT 7.22 billion, registering an increase of 4.03 percent over the previous day’s value of BDT 6.94 billion.
The losers took a strong lead over the gainers as out of 302 issues traded, 205 declined, 76 advanced and 21 remained unchanged on the DSE floor.
Ratanpur Steel Re-rolling Mills (RSRM) was the most traded stock with shares worth BDT 418.29 million changing hands followed by KPCL, MJL BD, Titas Gas and Square Pharma.
Shahjibazar Power Company was the day’s highest gainer, posting a rise of 9.91 percent while Appollo Ispat was the day’s worst loser, slumping by 9.76 percent.
The port city bourse, Chittagong Stock Exchange (CSE) also returned to the red with its Selective Categories Index – CSCX – lost 100.18 points to close at 9,706.90 points.
Losers beat gainers 160 to 52, with 16 issues remaining unchanged at the port city bourse that traded 13.56 million shares and mutual fund units, turnover value of BDT 501.24 million.
BBN/SSR/AD-22Oct14-6:05pm (BST)
