Dhaka, Bangladesh (BBN) – Bangladesh’s stocks returned to green on Wednesday, snapping two sessions’ steep correction, as investors went for buying spree amid optimism.
The market opened higher in the morning which sustain till closed the market amid marginal volatility.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), finished at 4,556.68 points, gaining 42.71 points or 0.94 percent.
The DS30 index, comprising blue chips, rose 21.12 points or 1.21 percent to close at 1,759.60 points.
The DSE Shariah Compliance Index – DSES—gained 11.24 points or 1.02 percent to end at 1,106.16 points.
Turnover, the another important indicator of the market, rose 9.62 percent to BDT 5.13 billion than the previous session’s BDT 4.68 billion.
The gainers took a strong lead over the losers as out of 313 issues traded, 199 closed in green, 90 in the red and 24 remained unchanged on the DSE trading floor.
United Airways was the day’s top turnover leader with shares worth BDT 304.18 million changing hands followed by GP, Beximco, KPCL and Heidelberg Cement Denim.
Generation Next Fashion was also the day’s top gainer, posting a rise of 9.90 percent while BD Wielding was the worst loser, plunging by 6.34 percent.
The port city bourse Chittagong Stock Exchange (CSE) also ended higher with its Selective Categories Index – CSCX – gained 42.46 points to close at 8,501.44 points.
Gainers beat losers 136 to 83, with 21 issues remaining unchanged at the port city bourse that traded 17.32 million shares and mutual fund units, turnover value of BDT 452.50 million.
BBN/BB/AI