Bangladesh’s stocks close higher for fourth consecutive day

Last updated: April 3, 2014

Dhaka, Bangladesh (BBN)- Bangladesh’s stocks closed higher for the fourth consecutive session on Thursday with improving turnover as investors continued to buy stocks.
 
The key index of the Dhaka Stock Exchange (DSE) --- DSEX crossed 4,600 points mark and ended at 4,621.22 points, gaining 25.42 points or 0.55 per cent.
 
The DS30, comprising blue chips gained 23.64 points or 1.43 per cent to close at 1,670.15 points. The DSE Index (DSES) went up by 6.76 points or 0.67 per cent to close at 1,008.46 points.
 
Turnover value on the DSE improved to BDT 5.18 billion, registering 3.6 per cent increase over the previous session’s value.
 
Out of 295 issues traded, 125 advanced, 139 declined and 31 issues closed unchanged on the DSE floor.
 
Heidelberg Cement was the day’s highest gainer; posting a rise of 10.90 per cent following its corporate declaration of 380 per cent cash dividend while Zeal Bangla Sugar Mills was the day’s worst losers, slumping by 7.69 per cent.
 
The port city bourse --- the Chittagong Stock Exchange (CSE) also closed higher for the fourth day with its Selective Categories Index – CSCX gained 71.48 points to close at 8,973.26 points.
 
Lasers beat gainers 94 to 92, with 23 issues remaining unchanged at the port city bourse that traded 7.36 million shares and mutual fund units, turnover value of BDT 369.40 million.

BBN/BB/AD-03Apr14-7:39 pm (BST)

 

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