BSS, Dhaka :
Dhaka stocks returned to red zone on Sunday, the opening day of the week after seeing little recovery on Thursday.
All the three indices declined on sluggish trading when the trade value came down to five-month low.
The blue-chip index DS30 witnessed the highest loss of 1.23 percent to end the day at 1615.19 as most of the top lagging issues were from the blue-chips sectors including banking, engineering and pharmaceuticals.
Shariah index DSES was the day’s second losing index after Islami Bank recommended 8.0 percent cash and 10 percent stock dividend for the year 2013, frustrating many. The DSES closed the day at 978.74, losing 1.08 percent.
The fall in the general index, however, was marginal as it closed only 0.86 percent lower at 4519.54, thanks to the issues those were traded voluminously at marginal ups and downs in prices. The issues included Squire Pharmaceuticals, Padma Oil, Emerald Oil, Bangladesh Submarine Cable Company Limited, Meghna Petroleum Limited and National Tubes.
The market was favorable to buyers as 152 issues incurred moderate losses when 120 gained and 22 remained static among trade 294 issues.
The day’s trade value, however, came down to Taka 243.42 crore, a five-month low after Taka 230.31 crore on October 24, 2013. The trade volume also declined to 4.71 crore shares, which was also the lowest in the past five months after 4.56 crore shares traded on October 21 last year.
