Bangladesh’s stocks slip into red amid choppy trading

Last updated: February 19, 2015


Dhaka, Bangladesh (BBN)-Bangladesh’s stocks slipped in the red again on Thursday after remaining flat in the previous day as most of the investors remained followed cautious stance amid ongoing political turmoil in the country.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 14.04 points or 0.29 percent to close at 4,788.23 points.
The two other indices also closed in the red.
The DS30 index, comprising blue chips lost 8.31 points or 0.46 percent to close at 1,777.86 points.
The DSE Shariah Index (DSES) shed 5.41 points or 0.47 percent to close at 1,128.29 points.
Turnover on DSE stood at BDT 2.66 billion, registering an increase of 2.70 percent over the over the previous session’s value of BDT 2.59 billion.
The losers took a modest lead over the gainers as out of 307 issues traded, 153 declined, 109 advanced and 45 remained unchanged on the DSE floor.
GP was the most traded stock with shares worth BDT 118.35 million changing hands followed by UCBL, Lafarge Surma Cement, SPCL and Square Pharma.
The port city bourse, Chittagong Stock Exchange (CSE), also ended in red with its Selective Categories Index – CSCX – lost 31.46 points to close at 8,898.48 points.
Losers beat gainers 128 to 72, with 36 issues remaining unchanged at the port city bourse that traded 5.42 million shares and mutual fund units, turnover value of BDT 181.25 million.
BBN/BB/AS-19Feb15-3:20pm (BST)

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