Dhaka stocks fall further

Last updated: December 4, 2011

Dhaka, Bangladesh (BBN) - The Dhaka Stock Exchange (DSE) closed lower Sunday, the first trading day of the week amid dawn-to-dusk general strike in the city enforced by main opposition Bangladesh Nationalist Party (BNP).
 
Despite strike, as many as 216 brokerage houses logged-in trading servers in schedule time and trading was resumed, DSE official said.
 
The market opened with a negative note and lost more than 40 points within five minutes. The downtrend continued amid fluctuation throughout the session and finally ended 75 points lower.
 
The benchmark general index of the DSE, generally known as DGEN, shed 75.52 points or 1.44 per cent to close at 5,161.23 on the day, the DSE data showed.
 
The broader All Shares Price Index (DSI) lost 68.54 points or 1.56 per cent to close at 4,308.94. The DSE-20 Index comprising blue-chip shares also decline 40.28 points or 1.03 per cent to close at 3,841.05.
 
Of the 249 issues traded at the premier bourse, only 20 advanced, 215 declined and 14 remained unchanged.
 
The day’s total turnover value stood at BDT 2.10 billion against BDT 1.95 billion on Thursday.
 
Newly debut, Zahin Textle topped the day’s turnover chart with shares worth BDT 97.26 million changing hands.
 
LR Global First Mutual Fund was the top gainer posting a rise of 3.26 per cent while GQ Ball Pen was the worst losers.

BBN/SSR/AD-04Dec11-4:20 pm (BST)

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