Dhaka, Bangladesh (BBN)-Bangladesh’s stocks ended lower for the seventh straight sessions on Monday as investors reluctant to make fresh investments.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), came down below 4,400 points mark after five months and ended at 4,364.27 points, shedding 38.23 points or 0.86 percent.
DSE turnover came down to BDT 2.17 billion which was 5.24 percent lower over the previous day’s value.
It was also seven-month lowest turnover since BDT 1.88 billion on October 22, 2103.
Out of 293 issues traded, 178 declined, 84 advanced and 31 issues closed unchanged on the DSE floor.
GP became the top turnover leader with shares worth BDT 98.93 million changing hands followed by Hwa Well Textiles, Lafarge Surma Cement, Square Pharma and Matin Spinning.
Kohinoor Chemicals was the day’s highest gainer; posting a rise of 7.89 percent while Summit Power was the day’s worst losers, slumping by 14.81 percent.
The port city bourse — Chittagong Stock Exchange (CSE) — also closed lower with its Selective Categories Index – CSCX — lost 57.30 points to stand at 8,412.57 points.
Losers beat gainers 136 to 50, with 23 issues remaining unchanged at the port city bourse that traded 5.30 million shares and mutual fund units, turnover value of BDT 186.70 million.
BBN/BB/AD-19May14-4:00pm (BST)
