Dhaka, Bangladesh (BBN) – Bangladesh’s key bourse witnessed yet another bullish session Wednesday, extending the gaining streak for the sixth straight session, as optimistic investors continued their buying appetite on large-cap stocks.
Dealers said the market maintained the upward trend as investors continued their sector-wise stock buying spree taking the core index above 6,300-mark once again.
The market opened amid optimism in the morning and the key index crossed the 6,300-mark within 30 minutes of trading which continued till end of the session, finally ended in 38 points higher.
DHAKA STOCK EXCHANGE:
DSEX, the core index of the DSE, which replaced the DGEN in five years back, settled at 6,318 points, after gaining 38.30 points or 0.60 per cent over the previous session.
The two other indices – the DS30 index and the DSE Shariah Index (DSES) – followed the suit.
The DS30 index, comprising blue chips advanced 10.44 points or 0.45 per cent to finish at a historical high at 2,302.
The DSE Shariah Index (DSES) also rose 9.57 points or 0.68 per cent to close at 1,412, the highest level since its inception.
The market activities, however, fell with the total turnover on DSE amounting to BDT 5.76 billion, which was 4.95 per cent lower than the previous day’s BDT 6.06 billion.
The total market capitalisation of the DSE also rose to an all-time high at BDT 4,285 billion, surpassing the previous day’s high of BDT 4,255 billion recorded the previous day.
The gainers took a strong lead over the losers as out of 336 issues traded, 195 closed higher, 101 lower and 40 remained unchanged on the DSE trading floor.
United Power topped the day’s turnover chart for the third day in a row with 2.70 million shares worth Tk 517 million changing hands, followed by Dragon Sweater, Grameenphone, IFAD Autos and Islami Bank.
Gemini Sea Food was the day’s best performer, posting a gain of 5.03 per cent while Kay & Que was the day’s worst loser, plunging by 5.01 per cent.
CHITTAGONG STOCK EXCHANGE:
The port city bourse Chittagong Stock Exchange (CSE) also closed higher with its CSE All Share Price Index – CAPSI – gaining 120 points to close at 19542.
The Selective Categories Index – CSCX – also gained 75 points to close at 11,815 points.
Gainers beat losers as 143 issues closed higher, 68 lower and 19 remained unchanged on the CSE.
The port city bourse traded 11.07 million shares and mutual fund units worth more than BDT 303 million in turnover.