Dhaka, Bangladesh (BBN): Share prices on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) nosedived Sunday as investors’ went for panic selling, fearing further fall following prevailing countrywide political violence.
The General Index of the DSE----DGEN came down 4,000 pint-mark for the first time in 2013 and ended at 3,848.98 points, after shedding 198.23 points or 4.89 per cent.
The DSE Broad Index (DSEX), the benchmark index of the DSE plunged 207.29 points or 5.21 per cent to close at 3,765.98 points. The DSE-30 Index (DS30) also declined 67.19 points or 4.69 per cent to close at 1,364.70.
The turnover on the premier bourse stood at BDT 2.62 against BDT 2.14 billion in the previous session.
Of the 264 issues traded on the premier bourse, 253 declined, 9 advanced and 2 remained unchanged.
Newly listed Premier Cement topped the turnover chart with shares worth BDT 473.73 million changing hands.
The Premier Cement was also the day’s highest gainer posting a rise of 370.45 per cent while FAS Finance was the worst loser, slumping by 31.34 per cent following its price adjustment after record date.
The Chittagong Stock Exchange (CSE) also closed lower with the Selective Categories Index of the CSE shed 370.28 points to close at 7,510.47 points.
Of the 171 issues traded on the port city bourse, 166 declined, 4 advanced and one remained unchanged. A total of 8.98 million shares and mutual fund units were traded, generating BDT 421.94 million in turnover.
BBN/BB/AD/03Mar-13-4.28pm (BST).