Dhaka, Bangladesh (BBN) – Dhaka stocks edged marginally lower on Thursday amid volatile trading throughout the session with fall in turnover value, as the investors booked profit, market operators said.

The market opened with a positive note and shot up more than 30 points within five minutes. After that, it experienced fluctuation and finally ended the day more than 16 points lower.

The benchmark general index of the Dhaka Stock Exchange, generally known as DGEN, the key index of the market, slipped 16.55 points or 0.30 per cent to close at 5,466.99.

The broader DSE All Shares Price Index (DSI) went down by 9.63 points or 0.21 percent to close at 4,561.33.

However, the DSE-20 blue-chip index advanced 3.79 points or 0.09 per cent to close at 4,018.81.

The turnover declined to BDT 6.78 billion in value terms, down by 15.98 percent compared to BDT 8.07 billion in the previous session.

The losers took strong lead over the gainers, as out of 263 issues traded, 84 advanced, 168 declined and 11 remained unchanged.

A total of 130.32 million shares changed hands on the day against 153.57 million in the previous session. The trade deals also decreased to 168,687 against Wednesday’s 194,120.

Total market capitalization of the DSE declined slightly and stood at BDT 2,708.93 billion against BDT 2,714.54 billion in the previous session.

Among the major sectors, banks closed 0.17 per cent higher, while non-banking financial institutions, telecommunications, pharmaceuticals and fuel and power sectors lost 0.75 per cent, 0.34 per cent, 0.72 per cent and 0.86 per cent respectively.

National Bank Limited was the top turnover chart with shares worth BDT 326.50 million changed hands.

The other turnover leaders were SIBL, RN Spinning, GP, Keya Cosmetics, Aftab Automobiles, United Airways, Beximco Limited, Lafarge Surma Cement and Fu-Wang Ceramics.

Fifth ICB was the day’s highest gainer posting a rise of 9.41 per cent.

It was followed by Reliance Insurance, National Polymer, Reliance One, RN Spinning, Republic Insurance, National Bank, Gemini Sea Food, First BSRS and S Alam Clod Roll Still Mills.

Shympur Sugar Mills was the worst loser on the day and lost 5.07 per cent followed by Phoenix Finance First Mutual Fund, EBL NRB Mutual Fund, Renwick Jajneswar, Eastern Cables, Phoenix Finance, Jute Spinners, Delta Life Insurance, Salvo Chemicals and Stylecraft Limited.

BBN/SSR/AD-06Jan12-8:36 am (BST)