DSEX dips below 4,600 points-mark again

Stocks returned to the red Wednesday after a single session break with slight decline of turnover as the investors booked marginal profit on large cap stocks in later part of the trading session. DSEX, the prime index of the Dhaka Stock Exchange (DSE) dipped below 4,600 points mark once again and ended at 4,590.14 points, shedding 16.60 points or 0.36 per cent from previous session. The other two indices closed into red. The DS30, comprising blue chips lost 10.55 points or 0.55 per cent to close at 1,692.75 points. The DSE Index (DSES) went down by 3.54 points or 0.34 per cent to close at 1,032.92 points. Turnover value on the DSE stood at Tk 5.30 billion, registering 3.10 per cent decline over the previous day’s value of Tk 5.47 billion. The losers took a marginal lead over the gainers as out of 285 issues traded, 146 declined, 106 advanced and 33 issues closed unchanged on the DSE floor. Meghna Petroleum became the top turnover leaders with shares worth Tk 410.40 million changing hands followed by Lafarge Surma Cement, Padma Oil, GP and Heidelberg Cement. Desh Garment was the day’s highest gainer; posting a rise of 9.91 per cent while ICB Third Mutual Fund was the day’s worst losers, slumping by 7.63 per cent. The port city bourse - Chittagong Stock Exchange (CSE)--also closed lower with its Selective Categories Index --- CSCX-- lost 59.57 points to stand at 8,832.98 points. Losers beat gainers 137 to 56, with 20 issues remaining unchanged at the port city bourse that traded 7.20 million shares and mutual fund units with turnover value of Tk 359.20 million.