Dhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to the red on Monday after gaining four sessions straight with falling turnover as investors followed cautious stance.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), ended at 4709.91 points, shedding 3.66 points or 0.07 percent from previous session.
The DSE Shariah Index dropped slightly by 1.90 points or 0.17 percent to close at 1,110.72.
However, the DS30, comprising blue chips went up by 4.10 points or 0.22 percent to close at 1,818.97 points.
DSE turnover came down to BDT 6.68 billion which was 20.28 percent lower over the previous session’s seven and a half month highest turnover of BDT 8.38 billion.
Out of 300 issues traded, 172 declined, 83 advanced and 45 remained unchanged on the DSE floor.
MJL BD was the day’s most traded stocks for the second sessions in a row with shares worth BDT 445.14 million changing hands followed GP, Beximco Pharma, Padma Oil and BSRM Steels.
Safko Spinning was the day’s highest gainer for the third day, posting a rise of 8.0 percent while Rupali Life Insurance was the day’s worst loser, slumping by 6.93 percent.
The port city bourse, Chittagong Stock Exchange (CSE), also edged marginally lower with its Selective Categories Index – CSCX – lost 8.41 points to close at 8,800.62 points.
Losers beat gainers 141 to 64, with 30 issues remaining unchanged at the port city bourse that traded 9.50 million shares and mutual fund units, turnover value of BDT 417.17 million.
BBN/BB/AS-15Sept14-3:50pm (BST)