Dhaka, Bangladesh (BBN) - Dhaka stocks ended flat Sunday amid volatile trading throughout the session with turnover declined further as institutional investors remained in sideline while liquidity problem continued in the market.
The market opened with a negative note and lost more than 15 points within five minutes. After that the market swung between positive and negative territories several times throughout the session and finally ended only 3.83 points lower.
The benchmark General Index of Dhaka Stock Exchange (DGEN) slipped 3.83 points or 0.07 percent to close at 4,996.34 on the day.
The gainers and losers same on the day as out of 254 issues traded, 118 advanced, 118 declined and 18 remained unchanged.
Turnover value declined to BDT 2.10 billion against BDT 2.16 billion in the previous session, indicating that institutional investors are yet to be active in the market.
Mercantile Bank topped the turnover chart with shares worth BDT 160.08 million changing hands.
Desh Garments was the day’s top gainer posting a rise of 9.84 percent while Rupali Insurance was the worst loser and lost 6.86 percent.
BBN/SSR/AD-18Dec11-9:23 pm (BST)
