Bangladesh’s stocks rally for 9-day

Last updated: September 28, 2014


Dhaka, Bangladesh (BBN)-Bangladesh’s stocks extended the gaining streak for the ninth session on Sunday with turnover remained high as investors’ buying spree continued.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 45.27 points or 0.90 percent to close at 5,072.20 points, which was the highest level since its inception on January 28, 2013.
The DS30, comprising blue chips, soared 16.81 points or 0.86 percent to close at 1,966.44 points.
 The DSE Shariah Index advanced 17.44 points or 1.47 percent to close at 1,199.12 points.
The total turnover on DSE crossed BDT 11.0 billion mark once again and amounted to BDT 11.01 billion against which was BDT 11.03 billion in the previous session.
Gainers outpaced losers as out of 302 issues traded, 168 advanced, 105 declined and 29 remained unchanged on the DSE floor.
MJL BD was the day’s most traded stocks with shares worth BDT 541.45 million changing hands followed Square Pharma, Beximco Pharma, Delta Life Insurance and Beximco Limited.
Fu-Wang Food was also the day’s highest gainer, posting a rise of 9.66 percent while Mozaffar Hossain Spinning Mills was the day’s worst loser, slumping by 19.34 percent following its price adjustment after record date.
The port city bourse, Chittagong Stock Exchange (CSE), also closed higher with its Selective Categories Index – CSCX – gained 76.41 points to close at 9,515.46 points.
Gainers beat losers 113 to 99, with 23 issues remaining unchanged at the port city bourse that traded 17.85 million shares and mutual fund units, turnover value of BDT 713.86 million.
BBN/BB/AS-28Sept14-3:30pm (BST)

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