Bangladesh’s stocks down for 2nd day

Last updated: March 13, 2014

Dhaka, Bangladesh (BBN)- Bangladesh’s stocks closed lower for the second running sessions on Thursday amid lower participation as investors remained cautions.

The prime index of the Dhaka Stock Exchange (DSEX) ended at 4,635.33 points, shedding 25.18 points or 0.54 per cent from previous session.

The other two indices also ended into the red. The DS30, comprising blue chips lost 12.08 points or 0.71 per cent to close at 1,669.67 points. The DSE Shariah Index (DSES) went down by 1.06 points or 0.10 per cent to close at 1,014.09 points.

Turnover value on DSE came down to BDT 3.53 billion, registering 21.56 per cent decline over the previous session’s value of Tk 4.50 billion.

Out of 288 issues traded, 126 advanced, 125 declined and 37 issues closed unchanged on the DSE floor.

Padma Oil became the top turnover leaders with shares worth BDT 177.66 million changing hands followed by Lafarge Surrma Cement, Meghna Pertoleum, Square Pharma and BSC.

Legacy Footwear was also the day’s highest gainer; posting a rise of 9.77 per cent while UCBL was the day’s worst losers, slumping by 6.04 per cent.

The port city bourse --- the Chittagong Stock Exchange (CSE) also closed lower with its Selective Categories Index – CSCX lost 64.36 points to close at 9,035.29 points.

Losers beat gainers 126 to 68, with 25 issues remaining unchanged at the port city bourse that traded 6.82 million shares and mutual fund units, turnover value of BDT 309.80 million.

 

BBN/SSR/BB-13Mar14-3:46 pm (BST)

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