Dhaka, Bangladesh (BBN) - The country’s prime bourse -- Dhaka Stock Exchange (DSE) – downtrend continued on Monday, the second working of this week due mainly to the lack of confidence of general investors in the stock market.
The DSE entered the negative territory on Thursday, the last trading day of the previous week, with a record low turnover since January 25 this year.
The DSE, however, bounced back with a nominal gain on Wednesday after three days of continued fall.
The benchmark Dhaka Stock General Exchange Index (DGEN) decreased by 97.24 points or 1.61 percent and stood at 5920.71 till filing of the reports at about 12:55 pm (local time).
Out of 238 issues traded, only 10 were positive, 219 lost and nine remain unchanged.
On Sunday, the benchmark General Index of the DSE plummeted 59.35 points or 0.97 per cent to close at 6,017.95. The broader All Shares Price Index (DSI) shed 51.52 points or 1.01 per cent to close at 5,036.89. The DSE-20 Index comprising blue-chip shares also plunged 48.16 points or 1.16 per cent to close at 4,096.35.
BBN/SI/AD-12Sept11-12:59 pm (BST)