Dhaka, Bangladesh (BBN)-Bangladesh’s stocks ended marginally higher on Wednesday, after remaining flat in the past session, as optimistic investors went on buying on lucrative stocks.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh, and Chittagong Stock Exchange, the port city bourse of the country, started with a upward trend and the positive trend sustain till end of the session amid marginal volatility.
The key index of the DSE advanced 7.91 points, while the Selective Category Index of CSE gained 24.28 points at the closing.
At the end of the session, DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 4,420.43, edging higher by 7.91 points or 0.18 per cent.
The two other indices also inched higher.
The DS30 index, comprising blue chips, advanced 1.92 points or 0.11 per cent to settle at 1,741.57.
The DSE Shariah Index (DSES) also saw a fractional gain of 0.63 point or 0.06 per cent to end at 1,085.06.
Turnover, an important indicator of the market, fell to BDT 3.23 billon, which was 31.42 per cent lower than the previous day’s BDT 4.71 billion.
Gainers took a strong lead over the losers, as out of 318 issues traded, 170 closed higher, 86 closed lower and 62 remained unchanged on the DSE trading floor.
The newly listed ACME Laboratories dominated the turnover chart with 2.70 million shares worth BDT 307 billion changing hands, followed by Far Chemical Industries, Lafarge Surma Cement, Shahjibazar Power Company and BSRM.
Paramount Textile was the day’s best performer, posting a gain of 9.88 per cent, while RN Spinning was the worst loser, plunging by 6.97 per cent.
The port city bourse Chittagong Stock Exchange (CSE) ended marginally higher with its Selective Categories Index- CSCX – advancing 24.28 points to close at 8,272.88 points.
Gainers beat losers 122 to 67, with 37 issues remaining unchanged on the port city bourse that traded 7.03 million shares and mutual fund units with a value of over Tk 230 million.