Dhaka, Bangladesh (BBN) -Fearing of political turmoil, Dhaka stocks went down for the third running session on Thursday with declining turnover value amid shaky market sentiment.
The DGEN, the benchmark general index of the Dhaka Stock Exchange (DSE), dropped 8519 points or 1.62 percent to close at 5,163.43 at the closing of the day’s trading.
Prices of most shares on the country’s premier bourse decreased. As out of 260 issues traded, 198 declined, 52 advanced and 10 remained unchanged.
The turnover value decline to BDT 6.14 billion, which was 18.70 percent lower compared to BDT 7.55 billion in the previous session.
A total of 94.47 million shares changed hands on the day against 113.96 million in the previous session. The trade deals also decreased to 129,186 against Wednesday’s 159,308.
The total market capitalization of the DSE stood at BDT 2,689.16 billion against BDT 2,720.16 billion in the previous session.
Grameenphone (GP) continued to top the turnover chart with shares worth BDT 378.83 million changed hands.
The other turnover leaders were Jamuna Oil, Meghna Petroleum, LankaBangla Finance, Beximco Limited, Square Pharma, Active Fine, MI Cement, DESCO and Islami Bank.
ACI Formulation was the day’s highest gainer posting a rise of 22.76 percent following their corporate declaration while BD Thai Aluminum was the worst loser.
BBN/SSR/AD-27Apr12-12:40 pm (BST)