Dhaka, Bangladesh (BBN): The market turned around on Monday as two sessions’ fall created some buying opportunity.
The General Index of the Dhaka Stock Exchange (DGEN) ended at 4,329.38 points, gaining 68.71 points or 1.61 per cent.
The free float based index, DSEX went up by 55.40 points or 1.41 per cent to close at 3,975.12 points while the blue chip index DS30 performed the best among the three indices, gaining 42.16 points or 2.91 per cent to close at 1,490.62 points.
Turnover stood at BDT 3.46 billion, which was 57.3 per cent higher than the previous session’s 2-month lowest value.
The gainers took a strong lead over the losers as out of 284 issues traded, 211 advanced, 54 declined and 19 remained unchanged in the prime bourse.
Activities increased in the prime bourse. A total of 0.075 million trades were executed with 59.12 million securities of trading volume.
Bangladesh Submarine Cable Company Ltd topped the turnover chart with shares worth BDT 410.67 million changing hands followed by Olympic Industries, Meghna Petroleum, Padma Oil and Jamuna Oil.
National Tubes was the day’s highest gainers posting a rise of 9.89 per cent while Shympur Sugar Mills was the day’s worst loser, slumping by 7.89 per cent.
The Chittagong Stock Exchange (CSE) also ended higher with the Selective Categories Index gained 109.30 points to close at 7,833.29 points.
Gainers beat losers 119 to 57, with 19 issues remaining unchanged at the port city bourse that traded 6.83 million shares and mutual fund units, turnover value of BDT 263.97 million.
BBN/BB/AD/29Jul-29-4.30pm (BST).