DSE nosedive
Dhaka, Bangladesh (BBN)-Bangladesh’s stocks ended lower for the four running sessions on Monday as investors remained reluctant amid ongoing political unrest across the country.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 36.52 points or 0.78 percent to close at 4,618.46 points.
The two other indices also saw steep decline.
The DS30 index, comprising blue chips lost 17.92 points or 1.03 percent to close at 1,705.62 points.
The DSE Shariah Index (DSES) shed 8.18 points or 0.74 percent to close at 1,091.27 points.
Turnover on DSE stood at BDT 2.26 billion, registering an increase of 22.82 percent over the over the previous session’s one month lowest value of BDT 1.84 billion.
The losers took a lead over the gainers out of 309 issues traded, 180 declined, 93 advanced and 36 remained unchanged on the DSE floor.
GP was the most traded stock with shares worth BDT 109 million changing hands followed by Lafarge Surma Cement, CVO Petrochemical, Square Pharma and C&A Textiles.
AIBL First Mutual Fund National was the day’s top gainer, posting a rise of 9.80 percent while Modern Dyeing was the day’s worst loser, plunging 6.35 percent.
The port city bourse, Chittagong Stock Exchange (CSE), also ended lower for the fourth day with its Selective Categories Index – CSCX – lost 52.21 points to close at 8,562.31 points.
Losers beat gainers 147 to 62, with 32 issues remaining unchanged at the port city bourse that traded 6.86 million shares and mutual fund units, turnover value of BT 187.84 million.
BBN/BB/AS-2Feb15-3:30pm (BST)