Dhaka, Bangladesh (BBN)–Bangladesh’s stocks fell further on Sunday, with prime index of the Dhaka Stock Exchange (DSE) dipping below 4,100-mark as investors remained shaky amid gloomy market outlook.
DSEX, the prime index of the DSE, went down below the 4,100-mark and ended at 4,094.27 points, plunging by 97.72 points or 2.33 percent.
DSEX lost around 278 points in the last five consecutive trading sessions.
It was also the lowest level of DSEX since November 5, 2013, when it was 4,090.12 points.
The two other indices also saw sharp decline.
The DS30 index, comprising blue chips plummeted 34.62 points or 2.17 percent to close at 1,558.13 points.
The DSE Shariah Index (DSES) fell 20.53 points or 2.00 percent to close at 1,004.34 points.
The total turnover on DSE also came down to BDT 3.41 billon which was 9.54 percent lower over the previous session’s value of BDT 3.77 billion.
The losers took a strong lead over the gainers as out of 307 issues traded, 248 declined, 37 advanced and 22 remained unchanged.
United Power Generation and Distribution Company continued to dominate the top turnover chart with shares worth BDT 450.03 million changing hands followed by ACI, Western Marine, Shasha Denims and ACI Formulations.
ACI Formulations was the day’s top gainer, posting a rise of 9.02 percent while Popular Life Insurance was the day’s worst loser, plunging by 35.62 percent following its price adjustment after record date.
The port city bourse, Chittagong Stock Exchange (CSE), also saw sharp decline with its Selective Categories Index – CSCX – slumped 166.90 points to close at 7,648.09 points.
Losers beat gainers 181 to 26, with 16 issues remaining unchanged at the port city bourse that traded 8.59 million shares and mutual fund units, turnover value of BDT 328.57 million.