Dhaka, Bangladesh (BBN)- Bangladesh’s stocks closed flat on Wednesday amid volatile trading with significant decline in turnover as investors followed cautious stance.
DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at 4,527.21 points, gaining only 0.71 points or 0.01 percent, after previous session’s profit taking sell-off.
The DS30, comprising blue chips gained 4.58 points or 0.27 percent to close at 1,693.02 points. The DSE Shariah Index went up by 2.78 points or 0.26 percent to close at 1,050.75 points.
DSE turnover dropped to BDT 4.93 billion, which was 27.6 percent lower over the previous session’s value of BDT 6.81 billion.
Out of 296 issues traded, 127 declined, 120 advanced and 49 remained unchanged on the DSE floor.
MJL BD was the most traded stock with shares worth BDT 423.87 million changing hands followed by GP, Square Pharma, Active Fine Chemicals and Hwa Well Textile.
Hwa Well Textile was the day’s highest gainer, posting a rise of 9.07 percent while ICB Eighth Mutual Fund was the day’s worst loser, slumping by 9.98 percent.
The port city bourse, Chittagong Stock Exchange (CSE) also ended flat in the green with its Selective Categories Index – CSCX – gained 3.11 points to close at 8,569.93 points.
Losers beat gainers 104 to 78, with 32 issues remaining unchanged at the port city bourse that traded 8.28 million shares and mutual fund units, turnover value of BDT 335.18 million
BBN/SSR/BB-13Aug14-3:47 pm (BST)
