Dhaka, Bangladesh (BBN)-Bangladesh’s stocks ended lower for the second running session on Monday with sluggish turnover as investors remained mostly inactive.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), dipped below the 4,800-mark again and settled at 4,794, after losing 37.72 points or 0.78 per cent despite opening with a positive note.
The DS30 index, comprising blue chips, fell 12.17 points or 0.66 per cent to finish at 1,832.05. The DSE Shariah Index (DSES) dropped 6.94 points or 0.58 per cent to end at 1,178.
DSE turnover plunged to BDT 3.99 billion, which was 15 per cent lower than the previous session’s BDT 4.68 billion.
The losers took a strong lead over the gainers as out of issues traded 319 issues traded, 211 closed lower, 68 higher and 40 remained unchanged on the DSE trading floor.
Shahjibazar Power Company was the day’s top turnover leader with shares of BDT 249.50 million changing hands followed by Square Pharma, Islami Bank, Lafarge Surma Cement and United Power Generation and Distribution Company.
National Need Mills was the day’s best performer, posting a rise of 3.28 per cent while Northern Jute Manufacturing Company was the day’s worst loser, plunging by 8.16 per cent.
The port city bourse Chittagong Stock Exchange (CSE) also closed lower with its Selective Categories Index – CSCX – lost 59 points to end the week at 8,962.60.
Losers beat gainers 166 to 44, with 33 issues remained unchanged on the port city bourse that traded 7.95 million shares and mutual fund units with a value of BDT 279.57 million.