Dhaka, Bangladesh (BBN) – Bangladesh’s stocks ended lower for the second running sessions on Sunday amid choppy trading as investors followed cautious stance.
DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at 4,930.37 points, shedding 31.47 points or 0.63 percent.
The other two indices saw sharp decline. The DS30, comprising blue chips lost 21.31 points or 1.15 percent to close at 1,822.37 points. The DSE Shariah Index dropped 9.56 points or 0.82 percent to close at 1,151.86 points.
Investor participation dropped sharply and the total turnover came down to BDT 3.83 billion, which was 25.34 percent lower over the previous session’s value of the BDT 5.13 billion.
The gainer took a lead over the losers as out of 299 issues traded, 135 advanced, 132 declined and 32 remained unchanged on the DSE floor.
Beximco Pharma was the most traded stock with shares worth BDT 248.34 million changing hands followed by Hamid Fabrics, Beximco, Summit Port Alliance and AB Bank.
SPCL was the day’s highest gainer, posting a rise of 8.71 percent while Meghna Petroleum was the day’s worst losers, plunging by 14.04 percent following its price adjustment after record date.
The port city bourse, Chittagong Stock Exchange (CSE) also closed lower with its Selective Categories Index – CSCX – lost 48.54 points to close at 9,261.72 points.
Losers beat gainers 103 to 88, with 32 issues remaining unchanged at the port city bourse that traded 18.38 million shares and mutual fund units, turnover value of BDT 441.84 million.
BBn/SSR/AD-07Dec14-6:50 pm (BST)
