Dhaka, Bangladesh (BBN)-Bangladesh’s stocks edged down on Thursday with turnover remained sluggish as late hours selling pressure wiped off early gains.
DSEX the prime index of the Dhaka Stock Exchange, ended at 4,328.40, shedding 12.05 points or 0.27 percent.
The DS30, comprising blue chips lost 2.82 points or 0.17 percent to close at 1,603.46 points.
The DSE Shariah Index (DSES) lost 6.94 points or 0.69 percent to close at 992.97 points.
DSE turnover stood at BDT 2.66 billion which was 14.16 percent higher compared to previous session’s value of BDT 2.33 billion.
However, the market breadth remained positive, as out of 298 issues traded, 138 advanced, 115 declined and 45 remained unchanged on the DSE floor.
Lafarge Surma Cement was the most traded stocks for the fourth sessions with shares worth BDT 309.62 million changing hands followed by GP, ACI, BSRM Steels and Square Pharmaceuticals.
Sandhani Life Insurance was the day’s highest gainer, posting a rise of 7.08 percent while Kohinoor Chemicals was the day’s worst loser, slumping by 4.85 percent.
The port city bourse, Chittagong Stock Exchange (CSE), also closed in red with its Selective Categories Index – CSCX – lost 7.34 points to close at 8,264.88 points.
Gainers beat losers 82 to 81, with 36 issues remaining unchanged at the port city bourse that traded 6.34 million shares and mutual fund units, turnover value of BDT 204.28 million.
BBN/BB/AS-19June14-4:00pm (BST)