Bangladesh Stocks Rise Further

Last updated: August 11, 2024

Dhaka, Bangladesh (BBN) - Bangladesh’s stocks on Sunday extended its winning streak as investors continued their buying spree on large-cap issues amid optimism.

Dhaka Stock Exchange (DSE)’s turnover, a crucial indicator of the market, increased to BDT 20.10 billion on the country's premier bourse which was BDT16.06 billion at the previous session of the week.

DSEX, the prime index of the DSE, went up by 91.09 points or 1.54 per cent to settle at 6,015.91. The DSE 30 Index, comprising blue chips, and the DSE Shariah Index (DSES) also gained 51.62 points to finish at 2,184.36 and 10.36 points closing at 1,285.27.

Out of 400 issues traded, 173 closed green, 207 in the red and 20 remained unchanged on the DSE trading floor.

GP topped the turnover chart, followed by BATBC, BRACBANK, ROBI and City Bank.

ABB1STMF was the day's best performer, posting a gain of 10 per cent while ICB3RDNRB was the worst loser, losing 5.26 per cent.

On the other hand, the Chittagong Stock Exchange (CSE) also ended higher with the CSE All Share Price Index - CASPI -advancing 482.69 points to settle at 17,282.46 and the Selective Categories Index - CSCX gaining 286.69 points to close at 10,418.71.

Of the issues traded, 194 advanced, 86 declined and 15 remained unchanged on the CSE.

The port city's bourse traded 13.2 million shares and mutual fund units with a turnover value of BDT 308.9 million.

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