Dhaka, Bangladesh (BBN)-Bangladesh’s stocks closed lower for the third running sessions Tuesday with key index of the major burse dipping below 4,700-mark after one month as prolonged political turmoil weighed on investors’ sentiment.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), came down below the 4,700-mark and closed at 4,695.79 points, shedding 23.60 points or 0.50 percent.
The two other indices also ended in red.
The DS30 index, comprising blue chips lost 5.18 points or 0.29 percent to close at 1,748.98 points.
The DSE Shariah Index (DSES) shed 0.54 points or 0.04 percent to close at 1,115.17 points.
Turnover on DSE also came down sharply to BDT 2.21 billion which was 25.83 percent lower compared to previous session value of BDT 2.98 billion.
The losers took a modest lead over the gainers as out of 309 issues traded, 221 declined, 61 advanced and 27 remained unchanged on the DSE floor.
Shahzibazar Power Company was the most traded stock with shares worth BDT 123.98 million changing hands followed by BSCCL, Summit Alliance Port, Lafarge Surma Cement and GP.
The port city bourse, Chittagong Stock Exchange (CSE), also closed lower with its Selective Categories Index – CSCX – lost 59.21 points to close at 8,721.88 points.
Losers beat gainers 151 to 40, with 36 issues remaining unchanged at the port city bourse that traded 5.10 million shares and mutual fund units, turnover value of BDT 196.87 million.
BBN/BB/AS-03Mar15-3:20pm (BST)