Dhaka, Bangladesh (BBN)-Bangladesh’s stocks extended their gaining streak for the third session in a row on Thursday with improving turnover value as optimistic investors continued on buying spree on under valued stocks.
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 note and the upbeat trend sustain till end of the session amid modest volatility in the mid-session.
The key index of Dhaka Stock Exchange (DSE) advanced 22.24 points, while the port city bourse, selective catagory index of Chittagong Stock Exchange (CSE) earned 30 points at the closing.
DHAKA STOCK EXCHANGE:
By the end of the session, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 22.24 points or 0.51 per cent to settle at 4,357.54.
The two other indices also ended in the green zone.
The DS30 index, comprising blue chips, advanced 3.80 points or 0.23 per cent to finish at 1,648.95 points.
The DSE Shariah Index (DSES) also gained 0.91 point or 0.08 per cent to close at at 1,052.95 points.
Trading activities improved gradually to BDT 4.13 billion, which was 7.27 per cent higher than the previous day’s BDT 3.85 billion.
The gainers took a modest lead over the losers as out of 315 issues traded, 167 closed higher, 104 lower and 44 remained unchanged on the DSE trading floor.
LankaBangla Finance dominated the turnover chart with shares worth nearly BDT 212 million changing hands followed by Aman Feed, BSRM, Orion Infusion and Keya Cosmetics.
LankaBangla Finance was also the day’s best performer, posting a rise of 9.84 per cent, while Samata Leather was the worst loser, slumping by 7.22 per cent.
CHITTAGONG STOCK EXCHANGE:
The port city bourse Chittagong Stock Exchange (CSE) also closed higher for the third day with its Selective Categories Index, CSCX, advancing 30 points to 8,140.85 points.
Gainers beat losers as 115 issues closed higher, 84 closed lower and 36 remained unchanged on the CSE.
The port city bourse traded 10.27 million shares and mutual fund units worth BDT nearly 352 million in turnover.