Dhaka, Bangladesh (BBN)-Bangladesh’s stocks fell further on Monday with key index of the major bourse dipping below 4,800-mark after more than two months since September 16 last.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), ended at 4,768.90 points, shedding 69.20 points or 1.43 percent.
The other two indices also saw sharp decline.
The DS30, comprising blue chips lost 32.08 points or 1.79 percent to close at 1,753.05 points.
The DSE Shariah Index shed 23.04 points or 2.03 percent to close at 1,110.58 points.
Turnover remained sluggish and amounted to BDT 3.54 billion, registering an increase of 1.72 percent over the previous session’s four month lowest value of BDT 3.48 billion.
The losers took a strong lead over the gainers as out of 302 issues traded, 199 declined, 61declined and 42 issues remained unchanged on the DSE floor.
Lafarge Surma Cement was the most traded stock with shares worth BDT 192.11 million changing hands followed by Square Pharma, GP, Beximco Pharma and Jamuna Oil.
ICB First NRB Mutual Fund was the day’s highest gainer, posting a rise of 5.88 percent while Emerald Oil was the day’s worst loser, slumping by 10.51 percent.
The port city bourse, Chittagong Stock Exchange (CSE), also saw sharp decline with its Selective Categories Index – CSCX – lost 113.58 points to close at 9,025.39 points.
Losers beat gainers 166 to 29, with 22 issues remaining unchanged at the port city bourse that traded 7.15 million shares and mutual fund units, turnover value of BDT 268.29 million.
BBN/BB/ASI-24Nov14-3:20pm (BST)