Dhaka, Bangladesh (BBN) - Dhaka stocks plunged again Sunday, the opening day of the week, after a big gain in the previous session and the key index slipped more than four per cent as investors sell shares in panic.
However, the market opened with a positive note in the morning and gained more than 35 points within 10 minutes. After that it fell steeply throughout the session and finally ended 236 points lower.
The benchmark General Index of the DSE (DGEN), the yardstick of the market, slipped 236.58 points or 4.78 per cent to close at 4,709.91.
Total turnover value stood at BDT 2.86 billion against BDT 3.16 billion in the previous session.
Out of 256 issues traded, only seven advanced, 246 declined and three remained unchanged.
Beximco Limited topped the turnover chart with shares worth BDT 136.66 million changing hand.
Al –Haj Textile was the day’s highest gainer posting a rise of 2.13 percent while Monno Staffler was the worst loser and lost 8.57 percent.
BBN/SSR/AD-23Jan12-9:10 am (BST)