Dhaka, Bangladesh (BBN) – Bangladesh’s stocks closed higher on Wednesday with prime index of the major bourse crossing the 5,700-mark, as investors went on buying spree especially on banks.
The market opened higher in the morning which sustained till end of the session.
The key index of the major bourse gained 10.84 points within first 30 minutes as investors went for a buoyant participation in the stocks of financial sector.
The key Index of DSE gained 11.45 points while the Selective Category Index of port city bourse advanced 25.80 points at the closing.
At the end of the session DSEX, the prime index of the Dhaka Stock Exchange (DSE) stands at 5,736.31 advancing 11.45 points or 0.20 per cent.
The two other indices also saw positive.
The blue chip DS30 index, comprising blue chips gained 11.22 points or 0.54 per cent to reach at 2,077.14 points.
However, the DSE Shariah Index (DSES) slumped 1.00 points or 0.08 per cent to reach at 1,301.44 points.
Turnover, the crucial indicator of the market, stands at BDT 12.00 billion riding on Bangladesh Export Import Company Ltd and AB Bank Ltd on the DSE floor.
Bangladesh Export Import Company dominated the turnover chart with shares worth BDT 465 million changing hands till then, followed by AB Bank 453 million, City Bank BDT 410 million, Islami Bank BDT 396 million, One Bank BDT 322 million and LankaBangla Finance BDT 300 million.
Of the issues traded till then, 141 advanced, 139 declined and 49 issues remained unchanged on the DSE trading floor.
The port city bourse, the Chittagong Stock Exchange (CSE) ended higher with its Selective Categories Index – CSCX – advancing 25.80 points to settle at 1,0791.32 points.
Losers beat gainers as 106 issues closed lower, 130 closed higher and 31 remained unchanged on the CSE.
The port city bourse traded 24.13 million shares and mutual fund units’ worth over BDT 810 million in turnover.