stocks, DSE, CSE,

Bangladesh’s stocks return to red

Last updated: February 22, 2016

Dhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to the red on Monday, after remaining upbeat in the past two sessions as most of the investors remained followed cautious stance.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh, and the Chittagong Stock Exchange, the port city bourse of the country, opened with mixed mood.
Key index of Dhaka Stock Exchange shedded 10.04 points while the selective category index of Chittagong Stock Exchange dipped 3.32 points at the closing.
DHAKA STOCK EXCHANGE:
The benchmrak index of the Dhaka Stock Exchange (DSE) went down by 10.04 points or 0.21 per cent to finish at 4,577.62 points, after witnessing volatility throughout the session.
However, the two other indices closed in green zone.
The DS30 index, comprising blue chips, advanced 7.46 points or 0.42 per cent to finish at 1,773.68 points.
The DSE Shariah Index gained 3.20 points or 0.28 per cent to close at 1,128.60 points.
The total turnover value on DSE stood at BDT 4.68 billion, which was 6.12 per cent higher than the previous day’s BDT 4.41 billion.
The losers took a strong lead over the gainers as out of 318 issues traded, 181 closed lower, 95 higher and 42 remained unchanged on the DSE trading floor.
BSRM Limited dominated the turnover chart with shares worth BDT 387 million changing hands followed by Lafarge Surma Cement, IFAD Autos, United Power Generation & Distribution Company and Beximco Pharma.
Tallu Spinning was the day’s best performer, posting a rise of 10 percent while Prime Finance was the worst loser, slumping by 20.58 per cent.
CHITTAGONG STOCK EXCHANGE:
The port city bourse Chittagong Stock Exchange (CSE) also closed in the red with its Selective Categories Index, CSCX, losing 3.32 points to finish at 8,606.54 points.
Losers beat gainers as 140 issues closed lower, 62 lower and 35 remained unchanged on the CSE.
The port city bourse traded 9.15 million shares and mutual fund units worth above BDT 298 million in turnover.
BBN/SK/AD

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