Dhaka, Bangladesh (BBN)–Bangladesh’s stocks extended their gaining streak for the third straight sessions on Thursday as investors continued on buying spree amid optimism.
The market opened with a positive note and the upward trend sustained throughout the session amid marginal volatility.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 20.18 points or 0.44 percent to settle at 4,599.91.
The two other indices also closed in the positive territory.
The DS30 index, comprising blue chips, rose 11.07 points or 0.62 percent to close at 1,795.24.
The DSE Shariah Index (DSES) advanced 7.35 points or 0.65 percent to finish at 1,133.73.
Turnover stood at BDT 4.77 billion on the main bourse, which was 3.44 percent lower than the previous day’s BDT 4.94 billion.
The gainers took a modest lead over the losers as out of 316 issues traded, 169 advanced, 116 declined and 31 remained unchanged on the DSE trading floor.
GrameenPhone (GP) was the day’s top turnover leader with shares worth BDT 294 million changing hands followed by IFAD Autos, KPCL, United Airways and ACI Limited.
Aramit Cement was the day’s best performer, posting a rise of 9.73 percent while Uttara Finance was the day’s worst loser, plunging by 14 percent.
The port city bourse Chittagong Stock Exchange (CSE) also closed higher with its Selective Categories Index – CSCX – gained 33 points to close at 8,630.38.
Gainers beat losers 118 to 94, with 30 issues remaining unchanged at the port city bourse that traded 10.32 million shares and mutual fund units, turnover of BDT 334 million.
BBN/BB/ANS