Dhaka, Bangladesh (BBN)- Bangladesh’s stocks closed lower for the second straight sessions on Sunday with turnover dipped below BDT 5.0 billion-mark as investors followed cautious stance.
DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at 4,549.52 points, shedding 28.47 points or 0.62 percent.
The DS30, comprising blue chips lost 12.64 points or 0.82 percent to close at 1,713.82 points. The DSE Shariah Index declined 8.75 points or 0.73 percent to close at 1,057.37 points.
DSE turnover came down to BDT 4.94 billion, which was 22 percent lower over the previous session’s value of BDT 6.32 billion.
Out of 297 issues traded, 172 declined, 99 advanced and 26 remained unchanged on the DSE floor.
Beximco Limited topped the turnover chart for the eighth straight sessions with shares worth BDT 403.09 million changing hands followed by Beximco Pharma, MJL BD, Golden Son and BD Building.
Mozzafar Spinning Mills was the day’s highest gainer, posting a rise of 7.40 percent while the new issue Far East Knitting & Dyeing was the day’s worst loser, slumping by 8.81 percent.
The port city bourse, Chittagong Stock Exchange (CSE) also ended lower with its Selective Categories Index – CSCX – lost 74.36 points to close at 8,584.01points.
Losers beat gainers 135 to 55, with 27 issues remaining unchanged at the port city bourse that traded 10.50 million shares and mutual fund units, turnover value of BDT 351.38 million
BBN/SSR/AD-01Aept14-8:50 am (BST)