Dhaka, Bangladesh (BBN)-Bangladesh’s stocks ended flat on Sunday amid choppy trading with turnover hitting fresh four and a half months low as investors mostly inactive amid lack of any clear direction.
The market opened with a positive mood, but could not sustain amid volatility.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 3.12 points or 0.06 percent to close at 4,769.42 points.
The DS30, comprising blue chips shed 0.84 points or 0.04 percent to close at 1,760.05 points.
The DSE Shariah Index dropped 0.08 points to close at 1,106.77 points.
Trading at DSE remained dry and came down to BDT 2.32 billion, registering a decline of 11.78 percent over the previous session’s BDT 2.63 billion.
It is four and a half months lowest turnover since BDT 1.93 billion on July 15 last.
The gainers took a lead over the losers as out of 302 issues traded, 139 advanced, 123 declined and 40 remained unchanged on the DSE floor.
Western Marine Shipyard was the most traded stock with shares worth BDT 99.59 million changing hands followed by Keya Cosmetics, Lafarge Surma Cement, Beximco Pharma and AB Bank.
Agni System was the day’s highest gainer, posting a rise of 8.69 percent while Olympic Industries was the day’s worst loser, slumping by 24.70 percent following its price adjustment after record date.
However, the port city bourse, Chittagong Stock Exchange (CSE) closed flat in positive zone with its Selective Categories Index – CSCX – gained 6.62 points to close at 8,959.25 points.
Losers beat gainers 92 to 70, with 37 issues remaining unchanged at the port city bourse that traded 5.23 million shares and mutual fund units, turnover value of BDT 189.36 million.
BBN/BB/AS-30Nov14-3:40pm (BST)