Dhaka, Bangladesh (BBN)- The stock market edged up on Tuesday after seeing steep decline in the last two sessions, market operators said.
The benchmark index DSEX (+0.73%) advanced 32.69 points and closed the session at 4,498.77 points.
The other two indices DS30 and DSES gained 1.10% and 1.17% respectively. All the major sectors ended in green except NBFIs which retraced 0.17% on the day.
Pharmaceutical posted a staggering gain of 2.35%. Square Pharmaceuticals - the second largest cap stock in the market - gained 4.35%. Telecommunication closed 1.81% up - followed by Power which advanced 0.86%. Food & Allied and Banks ended 0.28% and 0.27% higher respectively.
The total turnover at DSE stood at BDT 3.0 billion, going up marginally by 0.6% over Monday’s turnover. Square Pharmaceuticals (+4.4%) was the most traded stock of the session with a turnover of BDT 229.7 million.
The gainers losers took a lead over the losers as out of 288 issues traded, 160 advanced, 88 declined and 40 issues closed unchanged on the DSE floor.
AL-Haj Textile was also the day’s highest gainer; posting a rise of 9.62 per cent while Libra Infusion was the day’s worst losers, slumping by 7.34 per cent.
The port city bourse --- the Chittagong Stock Exchange (CSE) also saw positive with its Selective Categories Index – CSCX gained 66.16 points to close at 8,765.73 points.
Gainers beat losers113 to 76, with 28 issues remaining unchanged at the port city bourse that traded 9.71 million shares and mutual fund units, turnover value of BDT 245.80 million.
BBN/SSR/AD-25Mar14-4:06 pm (BST)