Dhaka, Bangladesh (BBN)-Bangladesh Stocks closed flat on Thursday with slight improvement in turnover as the investors followed cautious stance following the budget announcement.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), came down below 4,400 points mark after 7-session and ended at 4,396.54 points, shedding 4.45 points or 0.10 percent.

The DS30, comprising blue chips lost 2.09 points or 0.12 percent to close at 1,622.94 points.

The DSE Shariah Index (DSES) also went down by 0.69 points or 0.06 percent to close at 1,007.82 points.

DSE turnover stood at BDT 4.19 billion, registering an increase of 2.69 percent over the previous session’s value of BDT 4.08 billion.

Out of 297 issues traded, 133 declined, 127 advanced and 37 closed unchanged on the DSE floor.

Lafarge Surma Cement to top turnover leader with shares worth BDT 290.21 million changing hands followed by BSRM Steels, GP, MJL BD and Heidelberg Cement.

Generation Next Fashion was the day’s highest gainer, posting a rise of 9.86 percent while Wata Chemicals was the day’s worst loser for the second running session, slumping by 8.66 percent following the news that the securities regulator formed a probe body to investigate its ‘unusual’ share price rise on June 2.

The port city bourse, Chittagong Stock Exchange (CSE), also ended lower with its Selective Categories Index – CSCX – lost 29.29 points to close at 8,334.07 points.

Losers beat gainers 109 to 81, with 23 issues remaining unchanged at the port city bourse that traded 8.77 million shares and mutual fund units, turnover value of BDT 301.20 billion.

BBN/BB/AS-05June14-4:00pm (BST)