Dhaka, Bangladesh (BBN) – Dhaka stocks slipped back to red again amid volatile trading on Wednesday, a day after uptrend and key index plunged more than three per cent as investors went to sell shares.
The market opened with a positive note, gaining more than 40 points within 15 minutes upon resumption of trading. But it started to decline after that amid fluctuation throughout the session and finally ended more than 135 points lower.
The benchmark general index of the DSE, generally known as DGEN, slipped 135.62 points or 3.43 per cent to close at 3,809.76 on the day while it was gained 9.10 per cent or 329 points on Tuesday.
Out of 258 issues traded, only 27 advanced, 221 declined and 10 remained unchanged.
Turnover value stood at BDT 2.17 billion in value terms, against BDT 1.91 billion in the previous session.
Grameenphone (GP) continued toped turnover chart with shares worth BDT 279.50 million changing hands.
The other turnover leaders were National Bank, Beximco Limited, United Airways, SIBL, Fu-Ceramics, RN Spinning, Square Pharma, Beacon Pharma and UCBL.
After several sessions of back to back substantial losses, Dhaka stocks closed 329 points or 9.10 percent higher on Tuesday.
BBN/SSR/AD-08Feb12-3:58 pm (BST)
