Dhaka, Bangladesh (BBN)-Bangladesh’s stocks edge higher on Wednesday with turnover falling slightly as investors remained followed cautious strategy.
DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), went up marginally by 12.72 points or 0.26 per cent to end at 4,805.65.
The DS30 index, comprising blue chips, gained 5.05 points or 0.27 per cent to settle at 1,837.97.
The DSE Shariah Index (DSES) advanced 5.35 points or 0.45 per cent to finish at 1,183.67.
DSE turnover came down to BDT 4.32 billion, which was 5.56 per cent lower than the previous day’s BDT 4.56 billion.
The gainers took a modest lead over the losers as out of issues traded 319 issues traded, 160 closed higher, 106 lower and 53 remained unchanged on the DSE trading floor.
Square Phrma was remained the day’s top turnover leader with shares of BDT 207 million changing hands followed by Islami Bank, Shahjibazar Power Company, Al-Haj Textile and IFAD Autos.
Delta Brac Housing Finance was the day’s best performer, posting a rise of 8.29 percent while First Bangladesh Fixed Income Fund was the day’s worst loser, plunging by 5.33 per cent.
The port city bourse Chittagong Stock Exchange (CSE) also closed slightly higher with its Selective Categories Index – CSCX – gained 20.84 points to end at 8,961.87.
Gainers beat losers 122 to 84, with 40 issues remained unchanged on the port city bourse that traded 8.00 million shares and mutual fund units with a value of BDT 273.57 million.