Dhaka, Bangladesh (BBN)-Bangladesh’s stocks ended higher for the second sessions in a row on Tuesday as investors continued on buying spree amid optimism.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh and Chittagong Stock Exchange, the port city bourse of the country opened with a positive mood and the upward trend sustain till end of the session.
The key index of Dhaka Stock Exchange (DSE) advanced 30.67 points while the port city bourse Chittagong Stock Exchange (CSE) earned 67.83 points after 15 minutes of the day’s trading.
The benchmark index of the Dhaka Stock Exchange went up by 30.67 points or 0.67 per cent to settle at 4,591.09 points.
The DS30 index, comprising blue chips, rose 16.53 points or 0.95 per cent to finish at 1,746.17 points.
The DSE Shariah Index gained 10.10 points or 0.91 per cent to close at 1,111.20 points.
DSE turnover crossed BDT 5.0 billion-mark again and amounted to BDT 5.09 billion, which was 29.5 percent higher than the previous day’s BDT 3.93 billion.
The gainers took a modest lead over the losers as out of 320 issues traded, 157 closed higher, 125 lower and 38 remained unchanged on the DSE trading floor.
Beximco Pharma dominated the turnover chart with shares worth BDT 260 million changing hands followed by Square Pharma, City Bank, United Power Generation & Distribution Company and Alltex Industries.
Apex Foods was the day’s best performer, posting a rise of 10 per ent while Eastern Lubricants was the worst loser, slumping by 7.40 per cent.
The port city bourse Chittagong Stock Exchange (CSE) also closed higher after with its Selective Categories Index, CSCX, advancing 67.83 points to finish at 8,599.22 points.
Gainers beat losers as 115 issues closed higher, 101 lower and 38 remained unchanged on the CSE.
The port city bourse traded 11.94 million shares and mutual fund units worth above BDT 308 million in turnover.