Retailers trade at Dhaka Stock Exchange office. BBN file photo
Dhaka, Bangladesh (BBN) - Bangladesh’s stocks extended the winning spell for the fifth consecutive sessions on Tuesday as some investors continued their buying binge on selective large-cap issues.
Following the previous day’s upturn, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher with rising trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 14 points while the CSE All Shares Price Index (CAPSI) of port city bourse rose 5.0 points at 10:45am.
After 30 minutes of trading, the key index of the DSE advanced 16 points while the CSE All Shares Price Index (CAPSI) of port city bourse rose 48 points at 11:00am.
In the mid-session, the market saw some sale pressure, but last hour’s bouncy helped the market closed higher. Finally, DSE key index closed more than 25 points higher while CSE All Shares Price Index (CAPSI) ended 76 points higher.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 25.55 points or 0.41 percent to settle at 6,280. DSEX added about 95 points in the past five straight sessions.
The two other indices also closed higher. The DS30 index, comprising blue chips advanced 9.82 points or 0.43 percent to close at 2,291.
The DSE Shariah Index (DSES) also gained 10.97 points or 0.79 percent to finish at 1,402.
The market turnover also got some boost after experiencing drought in the previous session and the total turnover amounted to BDT 6.06 billion, which was 62 percent higher than the previous day’s turnover of BDT 3.74 billion.
The gainers took a strong lead over the losers as out of 335 issues traded, 189 closed higher, 100 closed lower and 46 remained unchanged on the DSE trading floor.
United Power generation & Distribution Company topped the day’s turnover chart with 1.56 million shares of BDT 291 million changing hands, followed by Dragon Sweater, Lafarge Surma Cement, Paramount Textile and Unique Hotel & Resorts.
CHITTAGONG STOCK EXCHANGE:
The port city bourse – the Chittagong Stock Exchange – (CSE) also ended higher with CSE All Shares Price Index- CAPSI- advancing 76 points to finish at 19,434.
The Selective Categories Index of the port city bourse – CSCX – also gained 45 points to finish at 11,747.
Gainers beat losers as 141 issues closed higher, 68 closed lower and 31 remained unchanged on the CSE.
The port city bourse traded 10.58 million shares and mutual fund units worth BDT 373 million in turnover.
BBN/SS/ANS