Dhaka, Bangladesh (BBN)-Bangladesh’s stocks extended their losing streak for the third running sessions on Sunday with dull trading activities as investors remained concerned over the prevailing political unrest in the country.
DSEX, the prime index of the Dhaka Stock Exchange (DSE) went down by 20.54 points or 0.45 percent to close at 4,536.39 points.
The DS30 index, comprising blue chips lost marginally by 5.00 points or 0.29 percent to close at 1,709.40 points.
However, the DSE Shariah Index (DSES) managed to close flat in green, gaining 0.10 points to close at 1,104.89 points.
Turnover on the DSE came down below BDT 3.0 billion level and amounted to BDT 2.53 billion, registering a decline of 22.86 percent over the previous session’s value of BDT 3.28 billion.
The losers took a strong lead over the gainers as out of 305 issues traded, 176 declined and 87 advanced while 42 remained unchanged on the DSE floor.
Shajibazar Power Company was the day’s top turnover chart with shares worth BDT 257.08 million changing hands followed by MJL BD, Summit Alliance Port, IFAD Autos and ACI.
Genimi Sea Foods was the day’s top gainer, posting a rise of 9.41 percent while ICB Second Mutual Fund was the worst loser, plunging by 7.83 percent.
The port city bourse, Chittagong Stock Exchange (CSE) also closed in red with its Selective Categories Index- CSCX- lost 50.35 points to close at 8,385.34 points.
Losers beat gainers 141 to 56, with 25 issues remaining unchanged at the port city bourse that traded 5.52 million shares and mutual fund units, turnover value of BDT 212.24 million.
BBN/BB/AD-15Mar15-4:40pm (BST)