Bangladesh’s stocks end higher despite technical glitch

Last updated: November 22, 2015

Dhaka, Bangladesh (BBN)-Bangladesh's stocks ended higher on Sunday with improving turnover despite technical glitch that delayed trading resumption on Dhaka Stock Exchange for one and a half hours.
Trading at the DSE that usually takes place between 10:30am and 2:30pm, resumed at 12 noon and continued until 4:00pm on the day.
The DSE market opened higher and continued till end of the session.
The benchmark index of the Dhaka Stock Exchange (DSE), went up by 65.18 points or 1.43 percent to end at 4,596.81 points.
The DS30 index, comprising blue chips, rose 24.71 points or 1.44 percent to end at 1,745.78.
The DSE Shariah Index (DSES) advanced 15.72 points or 1.44 percent to finish at 1,107.24.
DSE turnover also increased 6.70 percent from the previous session to BDT 4.30 billion.
Saif Powertec was the day’s top turnover chart with shares of BDT 237 million changing hands followed by IFAD Autos, Beximco Pharma, Far Chemical and AFC Agro.
Delta Life Insurance was the day’s best performer, posting a rise of 9.92 percent while Fu-Wang Food was the day’s worst loser, plunging 10.69 percent.
However, trading at the port city bourse Chittagong Stock Exchange (CSE) started as scheduled time at 10:30am and ended higher with its Selective Categories Index – CSCX – gaining 83.56 points to end at 8,500.25.
Gainers beat losers 160 to 43, with 31 issues remaining unchanged on the port city bourse that traded 10 million shares and mutual fund units with a value of BDT 310 million.
BBN/AS/ANS

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