Dhaka, Bangladesh (BBN)-Bangladesh’s stocks closed higher on Tuesday with turnover on the Dhaka Stock Exchange (DSE) hitting one-month high as investors took position on lucrative stocks 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 upbeat note sustain till end of the session.
The benchmark index of Dhaka Stock Exchange (DSE) advanced 20.72 points while the port city bourse, the selective category index of Chittagong Stock Exchange (CSE) earned 55.74 points at the closing.
DHAKA STOCK EXCHANGE:
The benchmark index of the Dhaka Stock Exchange (DSE) settled at 4,598.34, gaining 20.72 points or 0.45 per cent.
The DS30 index, comprising blue chips, gained 3.54 points or 0.19 per cent to finish at 1,777.22 points.
The DSE Shariah Index saw a fractional gain of .44 point or 0.03 per cent to close at 1,129.04 points.
Turnover, an important indicator of the market, increased 22 percent to BDT 5.71 billion, compared to the previous day.
It was also the highest turnover since January 20, when turnover was BDT 6.69 billion.
The gainers took a modest lead over the losers as out of 324 issues traded, 158 closed higher, 126 lower and 40 remained unchanged on the DSE trading floor.
LankaBangla Finance dominated the turnover chart with shares worth BDT 470 million changing hands following its healthy dividend declaration.
It was followed by BSRM, Quasem Drycells, Lafarge Surma Cement and IFAD Autos.
LankaBangla Finance was the day’s best performer, posting a rise of 35.42 per cent while Aziz Pipes was the worst loser, slumping by 8.05 per cent.
CHITTAGONG STOCK EXCHANGE:
The port city bourse Chittagong Stock Exchange (CSE) also closed higher with its Selective Categories Index, CSCX, gaining 55.74 points or 0.65 per cent to finish at 8,654.82.
Gainers beat losers as 114 issues closed higher, 99 lower and 36 remained unchanged on the CSE.
The port city bourse traded 12.77 million shares and mutual fund units worth above BDT 393 million in turnover.