Dhaka, Bangladesh (BBN): Stocks plunged for the sixth consecutive session on Sunday with declining turnover value as most investors on selling mood amid gloomy investments outlook.
The General Index of the Dhaka Stock Exchange (DSE) came down to 18-session low at 3,620.89 points, shedding 32.98 points or 0.90 per cent.
The DSEX, the prime index plummeted 49.03 points or 1.55 per cent to close at 3,454.52. The DS30 also went down by 20.35 points or 1.39 per cent to close at 1,288.01.
Turnover value continued its sluggish trend with a further decline of 0.4 per cent from previous session’s 3-month low and stood at BDT 1.12 billion.
Of the 271 traded issues on the DSE, 52 advanced, 194 declined and 25 remained unchanged.
RN Spinning was the most traded stocks on the day with shares worth BDT 50.42 million changing hands though its price dropped by 3.63 per cent.
Kohinoor Chemicals was the day’s highest gainer, posting a rise of 10 per cent while Global Heavy Chemical was the day’s worst loser, slumping by 13.77 per cent following its corporate declaration.
The Chittagong Stock Exchange (CSE) also declined sharply with the Selective Categories Index plunged 120.56 points to close at 6,819.67 points.
Losers beat gainers 162 to 10 with six issues remaining unchanged on the port city bourse that traded 5.17 million shares and mutual fund units on a value of BDT 141.79 million.