midday business round up

Bangladesh stocks turnover crosses BDT 6b-mark

Last updated: December 3, 2015

Dhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to green on Thursday with turnover crossing BDT 6.0 billion-mark after four-month as investors inject fresh funds in the market.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh, and Chittagong Stock Exchange, the port city bourse of the country, experienced upward trend.
The key index of Dhaka Stock Exchange (DSE) gained 21.52 points and the port city bourse Chittagong Stock Exchange (CSE) raised 56.42 points.
DHAKA STOCK EXCHANGE:
The prime index of the Dhaka Stock Exchange (DSE), went up by 21.52 points or 0.46 per cent to settle at the week at 4,641.03.
The DS30 index, comprising blue chips, advanced 15.06 points or 0.85 per cent to close at 1,772.22.
The DSE Shariah Index (DSES) rose 8.88 points or 0.79 per cent to finish at 1,124.23.
The total turnover on DSE stood BDT 6.04 billion, which was 7.1 per cent higher than the previous day’s BDT 5.64 billion.

The gainers took a modest lead over the losers as out of 323 issues traded, 144 closed higher, 119 lower and 60 remained unchanged on the DSE trading floor.
Khulna Power Company was the day’s top turnover chart with shares of BDT 245 million changing hands followed by Beximco Pharma, BSRM Steels, Lafarge Surma Cement and KDS Accessories.
Global Insurance was the day’s best performer, posting a rise of 10 percent while Shympur Sugar Mills was the day’s worst loser, plunging by 7.46 per cent.
CHITTAGONG STOCK EXCHANGE:
The port city bourse Chittagong Stock Exchange (CSE) also ended higher with its Selective Categories Index- CSCX- rising 56.42 points to close at 8,653.05.
Losers beat gainers 105 to 99, with 35 issues remaining unchanged on the port city bourse that traded 10.21 million shares and mutual fund units with a value of BDT 374 million.
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