Dhaka, Bangladesh (BBN) – The turnover on the Dhaka Stock Exchange (DSE) crossed BDT 10 billion-mark on Monday once again after 13-session as investors’ injected fresh fund on stocks amid pre-Eid optimism.
Turnover, the crucial indicator of the market, stood at BDT 10.32 billion on the DSE, advancing 11 percent over the previous day’s BDT 9.30 billion.
Along with turnover, Bangladesh’s stocks ended higher for the three consecutive sessions with the key index of the premier bourse hitting fresh high since its inception in January 2013.
Meanwhile, there are only three trading sessions left before the start of the Eid-ul-Azha vacation.
Trading on the bourses is scheduled to remain closed from September 1 to September 3.
The market opened higher and the upward trend sustained till end of the session with no sign of reversal, finally ended more than 31 points higher.
DHAKA STOCK EXCHANGE:
The benchmark index of the Dhaka Stock Exchange (DSE), which replaced the DGEN in four-and-a-half-year back, went up by 31.82 points or 0.53 percent to settle at 5,947, which was the highest level of DSEX since its inception on January 27, 2013.
The two other indices also closed higher. The DS30 index, comprising the blue-chips, advanced 2.86 points or 0.13 percent to finish at 2,121.
The DSE Shariah Index (DSES) gained 3.73 points or 0.21 percent to close at 1,312 points.
The gainers took a strong lead over the losers as 331 issues traded, 174 closed higher, 119 closed lower and 38 remained unchanged on the DSE trading floor.
Bangladesh Building Systems topped the turnover chart with shares of BDT 547 million changing hands, followed by BBS Cables BDT 411 million, Fortune Shoes BDT 404 million, Al-Arafa Islami Bank BDT 255 million and Mercantile Bank BDT 248 million.
Fu-Wang Ceramics was the day’s highest gainer, posting a 10 percent rise, while Kay & Que was the worst loser, losing 8.50 percent.
CHITTAGONG STOCK EXCHANGE:
The port city bourse, the Chittagong Stock Exchange (CSE), also closed higher with its Selective Categories Index – CSCX – advancing 55 points to settle at 11,144 points.
Gainers beat losers as 146 issues closed higher, 88 closed lower and 23 remained unchanged on the CSE.
The port city bourse traded 24 million shares and mutual fund units’ worth BDT 733 million in turnover.