Dhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to green on Thursday, snapping a six-day losing spell, as optimistic investors took position on lucrative issues.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh, and Chittagong Stock Exchange, the port city bourse of the country, opened with a positive note which sustained throughout session.
The key index of Dhaka Stock Exchange (DSE) gained 10.66 points while the port city bourse, selective category index of Chittagong Stock Exchange (CSE) earned 1.84 points at the closing.
DHAKA STOCK EXCHANGE:
The benchmark index of the Dhaka Stock Exchange (DSE) went up by 10.66 points or 0.24 per cent, closing the day at 4,472.84 points.
The DS30 index, comprising blue chips gained 5.40 points or 0.32 per cent to close at 1,718.69 points.
The DSE Shariah Index (DSES) rose 2.97 points or 0.27 per cent to finish at 1,086.37 points.
DSE turnover, however, came down to BDT 3.37 billion, which was 42 per cent lower than the previous day’s one month high of BDT 5.78 billion.
The gainers took a modest lead over the losers as out of 316 issues traded, 143 closed higher, 126 lower and 47 remained unchanged on the DSE trading floor.
LankaBangla Finance dominated the turnover chart with shares worth above BDT 238 million changing hands followed by Orion Pharma, United Power, Summit Power and Quasem Drycells.
SEML Lecture Equity Management Fund was the day’s best performer, posting a rise of 6.80 per cent while Imam Button was the worst loser, slumping by 7.0 per cent.
CHITTAGONG STOCK EXCHANGE:
The port city bourse Chittagong Stock Exchange (CSE) also closed higher with its Selective Categories Index, CSCX, gaining 1.84 points to finish at 8,367.21 points.
Gainers beat losers as 97 issues closed higher, 86 closed lower and 37 remained unchanged on the CSE.
The port city bourse traded 7.40 million shares and mutual fund units worth BDT above 225 million in turnover.