Bangladesh’s stocks close lower amid profit taking

Last updated: May 15, 2013

Dhaka, Bangladesh (BBN): The bourses went down on Wednesday, breaking four sessions gaining streak with turnover declined slightly as most investors went for profit booking.

The General Index of the Dhaka Stock Exchange (DGEN) ended at 3,901.23 points, losing 55.82 points or 1.41 per cent.

The DSEX went down by 55.12 points or 1.46 per cent to close at 3,715.93 while the blue chip index DS30 declined 18.13 points or 1.31 per cent to close at 1,361.93 points.

Turnover stood at BDT 4.09 billion, going down marginally by 3.5 per cent compared to previous session’s value.

Out of 270 issues traded at DSE, 74 advanced, 188 declined and eight remained unchanged.

Orion Phrama was the most traded stock of the day with shares worth BDT 330.58 million changing hands.

BGIC was the day’s highest gainer, posting a rise of 9.92 per cent while MBL First Mutual Fund was the day’s worst loser, slumping by 9.37 per cent.

The Chittagong Stock Exchange (CSE) also ended lower with the Selective Categories Index lost 109.60 points to close at 7,323.01 points.

Losers beat gainers 141 to 45 with nine issues remaining unchanged on the port city bourse that traded 17.40 million shares and mutual fund units on a value of BDT 573.49 million.
 

BBN/BB/AD/15May-13-5.30pm (BST).

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