Dhaka, Bangladesh (BBN)-Bangladesh’s stocks ended higher on Thursday with improved turnover as optimistic investors went for buying binge on large cap stocks amid optimism.
It was the last trading day before Eid vacation as Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) will go for nine-day long vacation from Friday.
DSEX, the benchmark index of the Dhaka Stock Exchange (DSEX), ended at 4,427.15 points, gaining 38.46 points or 0.87 percent.
The DS30, comprising blue chips gained 24.47 points or 1.52 percent to close at 1,626.52 points.
The DSES advanced 11.42 points or 1.15 percent to close at 1,004.66 points.
DSE turnover improved to BDT 3.39 billion, registering an increase of 6.60 per cent over the previous session’s value.
Out of 299 issues traded, 199 advanced, 74 declined and 26 remained unchanged on the DSE floor.
GP was the most traded stock with shares worth BDT 595.50 million changing hands followed by Beximco, Lafarge Surma Cement, Shahjibazar Power and Padma Oil.
Shahjibazar Power was the day’s highest gainer, posting a rise of 9.92 percent while Savar Refractories was the day’s worst loser, slumping by 9.16 percent.
The port city bourse, Chittagong Stock Exchange (CSE), also closed higher with its Selective Categories Index – CSCX – gained 66.24 points to close at 8,387.32 points.
Gainers beat losers 100 to 71, with 37 issues remaining unchanged at the port city bourse that traded 17.16 million shares and mutual fund units, turnover value of BDT 377.26 million.
BBN/BB/JF-24July14-2:40pm (BST)