Bangladesh’s stocks close higher for second day

Last updated: June 11, 2013

Dhaka, Bangladesh (BBN): The market kept its positive momentum Tuesday with significant improvement in turnover as participation increased amid optimism.

The General Index of the Dhaka Stock Exchange (DGEN) ended at 4,309.69 points, gaining 43.06 points or 1.00 per cent.

The DSEX went up by 55.91 points or 1.39 per cent to close at 4,062.74 while the blue chip index DS30 advanced 17.08 points or 1.14 per cent to close at 1,513.97 points.

The total market turnover shot up to BDT 6.45 billion, which was 36.3 per cent higher than previous session’s value.

Out of 286 issues traded, 161 advanced, 106 declined and 19 remained unchanged in the primer bourse.

Bangladesh Submarine Cable Company was the day’s most traded stocks with shares worth Tk 311.09 million changing hands followed by Unique Hotel and Resorts, Meghna Petroleum, United Airways and Active Fines.

National Housing Finance and Investments was also the day’s highest gainer, posting a rise of 9.93 per cent while Reckitt Benckiser was the day’s worst loser, slumping by 7.14 per cent.

The Chittagong Stock Exchange (CSE) also ended higher with the Selective Categories Index gained 75.11 points to close at 7,966.39 points.

Gainers beat losers 104 to 81, with 14 issues remaining unchanged on the port city bourse that traded 14.33 million shares and mutual fund units, turnover value of BDT 497.81 million.
 

BBN/BB/AD/11June-13-4.30pm (BST).

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