Dhaka, Bangladesh (BBN)-Bangladesh’s stocks closed marginally higher amid volatile trading on Thursday with turnover on major bourse dipping below BDT 3.0 billon mark as investors remained reluctant to make fresh exposure amid weak sentiment.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 15.94 points or 0.33 percent to close the week at 4,772.55 points.
The DS30, comprising blue chips gained 8.81 points or 0.50 percent to close at 1,760.89 points.
However, the DSE Shariah Index dropped 1.84 points or 0.16 percent to close at 1,106.85 points.
Trading at DSE dropped further and amounted to BDT 2.63 billion, registering a decline of 15.70 percent over the previous session’s BDT 3.12 billion which is more than four months lowest turnover since BDT 2.63 billion on July 20.
The gainers took a lead over the losers as out of 302 issues traded, 162 declined, 105 advanced and 35 remained unchanged on the DSE floor.
Keya Cosmetic was the most traded stock with shares worth BDT 119.12 million changing hands followed by Beximco, Square Pharma, Western Marine and Summit Alliance Port.
Kohinoor Chemical was the day’s highest gainer, posting a rise of 7.54 percent while Khan Brokers was the day’s worst loser, slumping by 6.34 percent.
The port city bourse, Chittagong Stock Exchange (CSE), also closed almost flat in positive with its Selective Categories Index – CSCX – gained 3.87 points to close at 8,952.62 points.
Gainers beat losers 190 to 86, with 33 issues remaining unchanged at the port city bourse that traded 6.76 million shares and mutual fund units, turnover value of BDT 227.75 million.
BBN/BB/AS-27Nov14-6:40pm (BST)