Dhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to the green on Thursday after two sessions’ marginal correction with turnover improved further as the investors took position on large cap stocks.
Despite the countrywide shutdown, the market started with an upbeat mood at 10:30am which sustained throughout the session.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), ended at 5,173.23 points, gaining 63.80 points or 1.24 percent.
The DS30, comprising blue chips gained 30.15 points or 1.57 percent to close at 1,949.47 points. The DSE Shariah Index advanced 17.19 points or 1.42 percent to close at 1,202.84 points.
DSE turnover improved to BDT 7.24 billion, registering an increase of 32.84 per cent over the previous day’s value of BDT 5.45 billion.
The gainers took a strong lead over the losers as out of 311 issues traded, 213 advanced, 77 declined and 21 remained unchanged on the DSE floor.
Titas Gas was the most traded stock with shares worth BDT 269.45 million changing hands followed by SPPCL, KPCL, AB Bank and KPPL.
Saif Powertec was the day’s highest gainer, posting a rise of 10 per cent while Savar Rfractories was the day’s worst loser, slumping by 12.14 per cent.
The port city bourse, Chittagong Stock Exchange (CSE), also closed higher with its Selective Categories Index – CSCX – gained 106.25 points to close at 9,701.27 points.
Gainers beat losers 148 to 62, with 24 issues remaining unchanged at the port city bourse that traded 15.39 million shares and mutual fund units, turnover value of BDT 541.46 million.
BBN/BB/ANS-30Oct14-3:30pm (BST)