Dhaka, Bangladesh (BBN) – Bangladesh’s stocks declined marginally for the second running sessions on Monday with turnover falling further as investors remained on profit booking mood.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 11.21 points or 0.23 percent to settle at 8.775.27, after witnessing volatility almost throughout the session.
The DS30 index, comprising blue chips, lost 7.64 points or 0.40 percent to finish at 1,869.25. The DSE Shariah Index (DSES) dropped 4.12 points or 0.34 percent to close at 1,182.67.
Turnover came down to BDT 6.48 billion, which was 14 percent lower than the previous day’s BDT 7.54 billion.
The losers took a modest lead over the gainers as out of 318 issues traded, 149 closed lower, 129 higher and 40 remained unchanged on the DSE trading floor.
Lafarge Surma Cement was the day’s top turnover leader with shares of BDT 356 million changing hands followed by RAK Ceramics, DESCO, Square Pharma and SPCL.
Hakkani Pulp and Paper was the day’s best performer, posting a rise of 9.91 percent while Meghna Cement was the day’s worst loser, plunging by 9.82 percent.
The port city bourse Chittagong Stock Exchange (CSE) also saw marginal correction with its Selective Categories Index – CSCX – lost 27 points to close at 8,905.
Losers beat gainers 135 to 85, with 23 issues remained on the port city bourse that traded 12.13 million shares and mutual fund units with a value of BDT 465 million.
BBN/BB/ANS