BBN file photo
Dhaka, Bangladesh (BBN) – Bangladesh’s stocks extended the winning spell for the third day in a row on Wednesday, with key index of the premier bourse rose to its highest level since the inception in January 2013.
Brokers said the market maintained the upbeat momentum as optimistic investors continued their buying interest on large-cap issues amid optimism, thereby taking the prime index of the premier bourse to fresh hike.
The country’s prime bourse launched DSE Broad Index (DSEX), replacing the DSE General Index (DGEN) on January 28, 2013.
The total market capitalisation of the premier bourse also reached new all-time high of BDT 3,883 billion on the day, surpassing the previous high of BDT 3,875 billion recorded on Tuesday.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the DSE, went up by 22.15 points or 0.38 percent to reach fresh high of 5,782.6, the highest level since its introduction on January 28, 2013, surpassing the previous high of 5,777 points recorded on April 4 this year.
The two other indices also maintained the positive trend. The DS30 index, comprising blue chips, advanced 6.34 points or 0.30 percent to close at 2,120.77 points.
The DSE Shariah Index (DSES) gained 3.46 points or 0.26 percent to stand at 1,317.61 points.
The turnover, an important indicator of the market, stood at BDT 11.65 billion on the country’s premier bourse, losing by 4.82 percent over previous day’s mark of BDT 12.24 billion.
Gainers took a modest lead over the losers, as prices of 148 securities advanced, 136 declined and 46 remained unchanged, out of the 330 issues that were traded on the DSE floor.
Baraka Power topped the DSE turnover chart with about 9.52 million shares worth BDT 444 million changing hands, followed by Keya Cosmetics, LankaBangla Finance, Paramount Textile and Regent Textile.
National Housing Finance & Investment was the day’s highest gainer, posting 9.84 percent gain, while Beach Hatchery was the worst loser, losing 7.50 percent.
BBN/SS/ANS
