Bangladesh’s stocks down for second day

Last updated: March 11, 2014

Dhaka, Bangladesh (BBN)-Bangladesh’s stocks edged marginally lower for the second session on Monday amid thin market participation as most of the investors remained cautious.

The prime index of the Dhaka Stock Exchange (DSE) --- DSEX --- ended at 4,665.56 points, shedding 21.63 points or 0.46 per cent.

The DS30, comprising blue chips lost 4.07 points or 0.24 per cent to close at 1,681.25 points. The DSE Shariah Index (DSES) went down by 6.87 points or 0.67 per cent to close at 1,012.75 points.

Turnover value on DSE came down to BDT 4.01 billion against previous session’s value of Tk 5.10 billion.

Out of 291 issues traded, 136 declined, 115 advanced and 40 issues closed unchanged on the DSE floor.

Lafarge Surma Cement continued to dominate the top turnover chart with shares worth Tk 285.90 million changing.

Safko Spinning was also the day’s highest gainer; posting a rise of 12.96 per cent while Al-haj Textile was the day’s worst losers, slumping by 7.91 per cent.

The port city bourse --- the Chittagong Stock Exchange (CSE) also ended marginally lower with its Selective Categories Index – CSCX lost 15.32 points to close at 9,144.38 points.

Losers beat gainers 100 to 80, with 38 issues remaining unchanged at the port city bourse that traded 9.24 million shares and mutual fund units, turnover value of BDT 419.86 million.

BBN/SSR/AD-11Mar14-8:13 am (BST)

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