Dhaka, Bangladesh (BBN) – Bangladesh’s stocks extended their winning spell for the second running session on Tuesday amid increased turnover as enthusiastic investors continued their buying spree.
The market started with an upbeat note and the upward trend continued till end of the session with no sign of reversal, ultimately ended 33.66 points higher.
Key index of DSE went up by 33.66 points while the Selective Category Index of port city bourse advanced 62.02 points at the closing
DSEX, the prime index of the Dhaka Stock Exchange (DSE) went up by 33.66 points or 0.60 per cent to settle at 5,622.49 points over the previous day.
The two other indices also ended higher.
The DS30 index, comprising blue chips advanced 14.52 points or 0.72 per cent to finish at 2,031.73 points.
The DSE Shariah Index (DSES) rose 5.18 points or 0.39 per cent to close at 1,307.41 points.
Riding on this optimistic mood, the day’s turnover reached to BDT 11.27 billion, which was 17 per cent higher than the previous day’s BDT 9.61 billion.
The gainers took a modest lead over the losers as out of 330 issues traded, 162 closed higher, 119 closed lower and 49 remained unchanged on the DSE trading floor.
LankaBangla Finance dominated the DSE turnover chart for the second day in a row with about 8.61 million shares worth BDT 572 million changing hands, followed by GPH Ispat, Islami Bank, Peninsula Chittgong and Baraka Power.
The Peninsula was the day’s highest gainer, posting 9.77 per cent gain, while Kay & Que was the worst loser, losing 6.23 per cent.
The port city bourse, the Chittagong Stock Exchange (CSE), also closed higher with its Selective Categories Index – CSCX – advancing 62.02 points to settle at 10,557 points.
Gainers beat losers as 123 issues closed higher, 94 closed lower and 34 remained unchanged on the CSE.
The port city bourse traded 18.97 million shares and mutual fund units’ worth nearly BDT 630 million in turnover.