Bangladesh’s stocks down for 2nd day

Last updated: March 24, 2015

Dhaka, Bangladesh (BBN) - Bangladesh’s stocks ended lower for the second running sessions on Tuesday with key index of the prime bourse dipping below 4,500-mark again amid no improvement in the political front.
DSEX, the prime index of the Dhaka Stock Exchange (DSE) went down further by 13.15 points or 0.29 percent to close at 4,493.40 points.
The two others indices also closed in the red. The DS30 index, comprising blue chips lost 4.34 points or 0.25 percent to close at 1,707.22 points. The DSE Shariah Index (DSES) shed 5.61 points or 0.51 percent to close at 1,090.75 points.
The total turnover on the DSE came down to BDT 2.55 billion, which was 18.78 percent lower over the previous session’s value of BDT 3.14 billion.
The losers took a strong lead over the gainers as out of 305 issues traded, 191 declined, 79 advanced and 35 remained unchanged on the DSE floor.
ACI Limited was the day’s top turnover chart with shares worth BDT 201.73 million changing hands followed by Lafarge Surma Cement, ACI Formulations, SPCL and GP.
Pharma Aids was the day’s top gainer, posting a rise of 6.58 percent while Dulamia Cotton was the worst loser, plunging by 6.57 percent.
The port city bourse, Chittagong Stock Exchange (CSE) also closed in the red with its Selective Categories Index – CSCX – lost 34.68 points to close at 8,311.14 points.
Losers beat gainers 147 to 54, with 20 issues remaining unchanged at the port city bourse that traded 8.44 million shares and mutual fund units, turnover value of BDT 236.92 million.

BBN/SSR/AD-24Mar15-6:37 pm (BST)

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