Dhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to the red on Tuesday after previous day’s upturn with turnover on the prime bourse hitting to three months low as investors went for late hours selling binge.
The market opened with an upward mood, but could not sustain as the progress mood of the session.
At the end of the session, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 28.40 points or 0.55 percent to close at 5,128.84 points.
The other two indices also closed red.
The DS30, comprising blue chips lost 12.98 points or 0.66 percent to close at 1,933.53 points.
The DSE Shariah Index declined 6.53 points or 0.53 percent to close at 1,206.86 points.
The turnover of the country’s premier bourse – DSE – dipped below BDT 5.0 billion mark and amounted to BDT 4.62 billion which was 8.51 percent lower over the previous day’s value of BDT 5.05 billion.  
It was also the lowest turnover since BDT 4.28 billion on August 3, 2014.
The losers took a lead over the gainers as out of 304 issues traded, 175 declined, 96 advanced and 33 remained unchanged on the DSE floor.
CVO Petrochemicals Refinery was the most traded stock with shares worth BDT 281.90 million changing hands followed by SPPCL, GP, Brac Bank and MJL BD.
Shahjibazar Power Company was the day’s highest gainer for the fifth session, posting a rise of 9.95 percent while LankaBangla Finance was the day’s worst loser, slumping by 8.94 per cent following its poor Q3 earnings report.
The port city bourse, Chittagong Stock Exchange (CSE) also closed lower with its Selective Categories Index – CSCX – lost 66.75 points to close at 9,608.95 points.
Losers beat gainers 143 to 64, with 13 issues remaining unchanged at the port city bourse that traded 9.39 million shares and mutual fund units, turnover value of BDT 341.92 million.
BBN/BB/ANS-28Oct14-7:30pm (BST)