Dhaka, Bangladesh (BBN)-Bangladesh’s stocks ended flat in red on Sunday amid choppy trading as investors’ followed ‘wait-and-see’ policy ahead of upcoming national budget.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 5.81 points or 0.13 percent to close at Tk 4,378.25 points from previous session.
DSE turnover came down to BDT 1.82 billion which was 29.45 percent lower compared to previous session’s value. It was also a seven months lowest turnover since BDT 1.67 billion on October 21, 2013.
Out of 291 issues traded, 128 declined, 120 advanced and 43 closed unchanged on the DSE floor.
BSRM Steel Mills was the top turnover leader with shares worth BDT 84.40 million changing hands followed by Lafarge Surma Cement, Square Pharma, Mercantile Bank and GP.
ICB Seventh Mutual Fund was the day’s highest gainer; posting a rise of 8.24 percent while ICB Fourth Mutual Fund was the day’s worst losers, slumping by 8.00 percent.
The port city bourse -- Chittagong Stock Exchange (CSE) -- however, closed positive with its Selective Categories Index – CSCX -- gained 3.16 points to close at 8,438.40 points.
Losers beat gainers 105 to 56, with 27 issues remaining unchanged at the port city bourse that traded 4.15 million shares and mutual fund units, turnover value of BDT 150.76 million.
BBN/BB/AD-25May14-3:20pm (BST)