DSE turnover dips below Tk 5.0b-mark

Stocks ended lower for the second running session on Sunday with turnover dipped below Tk 5.0 billion mark after 10-session as investors followed cautious stance. DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at 4,549.52 points, shedding 28.47 points or 0.62 per cent despite initial positive trend. The other two indices also ended in the red. The DS30, comprising blue chips lost 12.64 points or 0.82 per cent to close at 1,713.82 points. The DSE Shariah Index declined 8.75 points or 0.73 per cent to close at 1,057.37 points. DSE turnover dropped to Tk 4.94 billion, which was 21.84 per cent lower over the previous session’s value of Tk 6.32 billion. The losers took a lead over the gainers as out of 297 issues traded, 172 declined, 99 advanced and 26 remained unchanged on the DSE floor. Beximco Limited continued to top the turnover chart for the eighth straight sessions with shares worth Tk 403.09 million changing hands followed by Beximco Pharma, MJL BD, Golden Son and BD Building. Mozaffar Spinning Mills was the day’s highest gainer, posting a rise of 7.40 per cent while the new issue Far East Knitting & Dyeing was the day’s worst loser, slumping by 8.81 per cent. The port city bourse, Chittagong Stock Exchange (CSE) also ended lower with its Selective Categories Index – CSCX – lost 74.36 points to close at 8,584.01points. Losers beat gainers 135 to 55, with 27 issues remaining unchanged at the port city bourse that traded 10.50 million shares and mutual fund units, turnover value of Tk 351.38 million.