Dhaka, Bangladesh (BBN)-Bangladesh’s stocks slipped in the red again on Thursday after previous sessions’ upturn amid sluggish turnover as investors remained followed cautious stance.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), dipped below the 4,900-mark again and ended at 4,899.60 points, shedding 26.63 points or 0.54 percent.
The other two indices also closed in the red.
The DS30, comprising blue chips lost 11.82 points or 0.64 percent to close at 1,814.69 points.
The DSE Shariah Index shed 8.40 points or 0.72 percent to close at 1,145.81 points.
Turnover remained sluggish and dipped below BDT 5.0 billion mark after 16-session and amounted to BDT4.86 billion which was 15.62 percent lower over the previous day’s turnover of BDT 5.76 billion.
The losers outpaced gainers as out of 295 issues traded, 149 declined, 114 declined and 32 issues remained unchanged on the DSE floor.
Jamuna Oil was the most traded stock with shares worth BDT 408.04 million changing hands followed by Khan Brothers PP Woven Bag, GP, BEDL and Meghna Petroleum.
GSP Finance was the day’s highest gainer for the second day, posting a rise of 7.60 percent while newly listed National Polymer was the day’s worst loser, slumping by 15.21 percent.
The port city bourse, Chittagong Stock Exchange (CSE), also returned to the red with its Selective Categories Index – CSCX – lost 47.04 points to close at 9,265.55 points.
Losers beat gainers 124 to 58, with 29 issues remaining unchanged at the port city bourse that traded 8.23 million shares and mutual fund units, turnover value of BDT 308.63 million.
BBN/BB/AD-20Nov14-3:30pm (BST)