Bangladesh’s stocks slip into red after 8th day

Last updated: February 15, 2015

DSE trading dip
Dhaka, Bangladesh (BBN)-Bangladesh’s stocks slipped into the red on Sunday after eight sessions of gaining streak as investors took some profit from their previous purchase amid political unrest.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down marginally by 10.54 points or 0.21 percent to close at 4,841.17 points amid volatile trading.
The two other indices also ended in red.
The DS30 index, comprising blue chips lost 7.45 points or 0.41 percent to close at 1,804.89 points.
The DSE Shariah Index (DSES) dropped 2.85 points or 0.24 percent to close at 1,147.12 points.
Turnover on DSE came down to BDT 2.64 billion, registering a decline of 18.76 percent over the over the previous session’s value of BDT 3.25 billion.
The gainers took a modest lead over the losers out of 310 issues traded, 139 advanced, 131 declined and 40 remained unchanged on the DSE floor.
Beximco Limited was the most traded stock with shares worth BDT 112.45 million changing hands followed by IFAD Autos, CVO Petrochemical, GP and AGNI Systems.
The port city bourse, Chittagong Stock Exchange (CSE) also edged in the red with its Selective Categories Index – CSCX – lost 12.94 points to close at 8,931.17 points.
Losers beat gainers 111 to 106, with 26 issues remaining unchanged at the port city bourse that traded 9.03 million shares and mutual fund units, turnover value of BDT 263.37 million.
BBN/BB/AS-15Feb15-3:30pm (BST)

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