Dhaka, Bangladesh (BBN) – Dhaka stocks edged marginally lower on Sunday, the first trading day of the week amid volatile trading throughout the session with lower turnover value as investors were in cautious mood.
The market opened with negative note and lost more than 50 points within first five minutes. After that it witnessed ups and down several times throughout the session and finally ended more than 44 points lower.
The benchmark general index of the DSE, generally known as DGEN, the main gauge of the market went down by 44.56 points or 1.04 per cent to close at 4,214.48.
The broader All Shares Price Index (DSI) slipped 37.07 points or 1.03 per cent to close at 3,534.00. The DSE-20 Index comprising blue-chip shares also lost 26.61 points or 0.76 per cent to close at 3,432.55.
The prices of most traded issues at the DSE declined as out of 254 issues traded, 62 advanced, 176 declined and 16 remained unchanged.
Turnover value declined 22 percent to stand at BDT 2.13 billion against BDT 2.73 billion in the previous session.
National Bank topped the turnover chart with shares worth BDT 219.54 million changing hands.
RN Spinning was the day’s highest gainer posting a rise of 7.94 percent while Makson Spinning was the worst loser and lost 13.87 percent.
BBN/BB/SI-19Feb12-6:40 pm (BST)