Dhaka, Bangladesh (BBN) - Bangladesh’s stocks closed lower for the fourth consecutive sessions on Wednesday with turnover remained sluggish as investors went for selling spree.
DSEX, the prime index of the DSE ended at 4,457.49 points, shedding 39.62 points or 0.88 per cent from previous session.
The DS30, comprising blue chips lost 15.29 points or 0.93 per cent to close at 1,622.58 points. The DSES dropped 8.02 points or 0.79 per cent to close at 996.71 points.
Turnover stood at BDT 3.78 billion which was 4.0 per cent lower over the previous session’s value of BDT 3.94 billion.
Out of 288 issues traded, 160 declined, 104 advanced and 24 issues closed unchanged on the DSE floor.
Hwa Well Textiles which made debut today became the top turnover leader with shares worth BDT 298.99 million changing hands followed by GP, BSCCL, Square Pharma and Matin Spinning.
The Hwa Well Textiles was also the day’s highest gainer; posting a rise of 341 per cent per cent while Sonar Renata was the day’s worst losers, slumping by 19.95 per cent following its price adjustment after record date.
The port city bourse -- Chittagong Stock Exchange (CSE) also closed lower with its Selective Categories Index -- CSCX lost 77.95 points to stand at 8,572.93 points.
Losers beat gainers 134 to 60, with 19 issues remaining unchanged at the port city bourse that traded 10.24 million shares and mutual fund units, turnover value of BDT 355.96 million.
BBN/SSR/AD-14May14-3:28 pm (BST)