Bangladesh stock dip
Dhaka, Bangladesh (BBN)-Bangladesh’s stocks ended lower for the second running session on Thursday amid sluggish turnover as investors showed shaky confidence following ongoing political turmoil across the country.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 23.58 points or 0.49 percent to close at 4,724.04 points.
The DS30 index comprising blue chips lost 9.05 points or 0.51 percent to close at 1,747.75 points.
The DSE Shariah Index (DSES) dropped 6.62 points or 0.59 percent to close at 1,115.69 points.
Turnover came down to BDT 2.06 billion, registering a decline of 12.34 percent over the over the previous session’s value of BDT 2.35 billion.
The losers took a lead over the gainers out of 303 issues traded, 202 declined, 75 advanced and 26 remained unchanged on the DSE floor.
Newly listed C & A Textiles was the most traded stock with shares worth BDT 109.06 million changing hands followed by Lafarge Surma Cement, CVO Petrochemical, BSCCL and GP.
National Polymer was the day’s top gainer, posting a rise of 7.94 percent while Exim Bank First Mutual Fund was the day’s worst loser, plunging 9.09 percent.
The port city bourse, Chittagong Stock Exchange (CSE), also ended lower with its Selective Categories Index – CSCX – lost 64.94 points to close at 8,736.03 points.
Losers beat gainers 155 to 48, with 35 issues remaining unchanged at the port city bourse that traded 6.25 million shares and mutual fund units, turnover value of BDT 179.31 million.
BBN/BB/AD-29Jan15-3:30pm (BST)