Bangladesh’s stocks end flat amid choppy trading

Last updated: December 10, 2014

Dhaka, Bangladesh (BBN) - Bangladesh’s stocks ended flat in red on Wednesday amid choppy trading with no significant movement of index as investors followed cautious stance amid lack of market’s direction.
DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at 4,943.72 points, shedding slightly by 0.30 points after witnessing volatility throughout the session.
However, two others indices closed in positive. The DS30, comprising blue chips gained 4.27 points or 0.23 per cent to close at 1,827.06 points. The DSE Shariah Index rose 3.59 points or 0.31 per cent to close at 1,156.15 points.
The total turnover on DSE stood at BDT 4.21 billion against BDT 4.33 billion in the previous session.
The losers took a lead over the gainers as out of 299 issues traded, 145 declined, 110 advanced and 48 remained unchanged on the DSE floor.  
GP was the most traded stock with shares worth BDT 161.81 million changing hands followed by Hamid Fabrics, Square Pharma, Beximco Pharma and Jamuna Oil.
The port city bourse, Chittagong Stock Exchange (CSE) also closed marginally lower with its Selective Categories Index – CSCX – lost 4.31 points to close at 9,287.72 points.
Losers beat gainers 139 to 73, with 15 issues remaining unchanged at the port city bourse that traded 10.66 million shares and mutual fund units, turnover value of BDT 451.70 million.

BBN/SSR/AD-10Dec14-4:40 pm (BST)

Bangladesh Business News
BBN is the country's oldest Business News and Analysis platform, run by veteran business journalist and analyst that you can rely upon.
© Copyright 2024 - BBN - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram