Dhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to green on Monday, after remaining down in the past three days 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, experienced upward trend throughout the session.
The key index of the Dhaka Stock Exchange (DSE) advanced 13.16 points, while the port city bourse, selective category index of Chittagong Stock Exchange (CSE) earned 31.32 points at the closing.
The prime index of the Dhaka Stock Exchange (DSEX) went up by 13.16 points or 0.31 per cent to settle at 4,288.64 points, as the market was in a positive territory throughout the session.
The DS30 index, comprising blue chips, advanced 6.43 points or 0.38 per cent to finish at 1,666.45 points.
The DSE Shariah Index (DSES) gained 2.59 points or 0.25 per cent to close at 1,053.22 points.
The gainers took a modest lead over the losers as out of 315 issues traded, 167 closed higher, 95 lower and 53 remained unchanged on the DSE trading floor.
Bangladesh Building Systems dominated the turnover chart with 3.72 million shares worth nearly BDT 140 million changing hands, followed by United Power, Doreen Power, Linde BD and BSRM.
Dragon Sweater was the day’s best performer, posting a gain of 9.90 per cent, while BD Finance was the worst loser, plunging 11.54 per cent following its price adjustment after record date.
The port city bourse Chittagong Stock Exchange (CSE) also edged higher with its Selective Categories Index, CSCX, advancing 31.32 points to 8,036.01 points.
Gainers beat losers as 113 issues closed higher, 83 closed lower and 40 remained unchanged on the CSE.
The port city bourse traded 6.23 million shares and mutual fund units worth nearly BDT 153 million in turnover.