Dhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to the red on Thursday after two session’s sharp gain with sluggish turnover value as the investors followed cautious stance.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), came down below the 5,000-mark again and closed at 4,984.46 points, shedding 21.19 points or 0.42 percent.
The other two indices also edged lower.
The DS30, comprising blue chips dropped 10.78 points or 0.57 percent to close at 1,860.15 points.
The DSE Shariah Index declined 5.47points or 0.46 percent to close at 1,174.54 points.
DSE turnover dropped to Tk 6.94 billion, registering a decline of 17.96 percent over the previous day’s turnover of Tk 8.46 billion.
Losers outpaced gainers as as out of 297 issues traded, 152 declined, 112 advanced and 33 remained unchanged on the DSE floor.
Jamuna Oil was the most traded stock with shares worth BDT 328.79 million changing hands followed by Western Marine Shipyard, Beximco, Aamra Technologies and Olympic Industries.
Pharma Aids was the day’s highest gainer, posting a rise of 16.36 percent following its corporate declaration of 25 percent cash dividend while Beacon Pharma was the day’s worst loser, slumping by 10 percent.
The port city bourse, Chittagong Stock Exchange (CSE), also saw a marginal decline with its Selective Categories Index – CSCX – lost 35.28 points to close at 9,373.42 points.
Losers beat gainers 117 to 84, with 25 issues remaining unchanged at the port city bourse that traded 12.72 million shares and mutual fund units, turnover value of BDT 503.09 million.
BBN/BB/AS-13Nov14-3:25pm (BST)