Dhaka, Bangladesh (BBN)-Bangladesh’s stocks edged lower for the second running sessions on Sunday as the investors followed cautious stance.
The market opened with a positive mood, but could not sustain as the session progressed.
Eventually, DSEX, the prime index of the Dhaka Stock Exchange (DSE), ended at 4,963.89 points, shedding 20.56 points or 0.41 percent.
The other two indices also edged lower.
The DS30, comprising blue chips dropped 7.49 points or 0.40 percent to close at 1,852.66 points.
The DSE Shariah Index declined 7.77 points or 0.66 percent to close at 1,166.77 points.
The total turnover on DSE improved BDT 7.53 billion, registering an increase of 8.50 percent over the previous day’s turnover of BDT 6.94 billion.
Losers outpaced gainers as out of 303 issues traded, 156 declined, 113 advanced and 34 remained unchanged on the DSE floor.
DESCO was the most traded stock with shares worth BDT 687.04 million changing hands followed by Jamuna Oil, Western Marine Shipyard, Olympic Industries and RSRM Steels.
Sonali Ansh was the day’s highest gainer, posting a rise of 9.93 percent while Orion Infusion was the day’s worst loser, slumping by 15.94 percent.
The port city bourse, Chittagong Stock Exchange (CSE), also saw a marginal correction with its Selective Categories Index – CSCX – lost 10.87 points to close at 9,360.24 points.
Losers beat gainers 128 to 75, with 15 issues remaining unchanged at the port city bourse that traded 12.35 million shares and mutual fund units, turnover value of Tk 515.29 million.
BBN/BB/AS-16Nov14-3:40pm (BST)