Dhaka, Bangladesh (BBN)-Bangladesh’s stocks rose sharply for the second running session on Tuesday with turnover value improved slightly as optimistic investors took position on large cap stocks.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), crossed the 4,900-mark after nine sessions and ended at 4,932.89 points, gaining 64.24 points or 1.31 percent from previous session.
The other two indices also closed higher.
The DS30, comprising blue chips gained 38.16 points or 2.12 percent to close at 1,837.44 points.
The DSE Shariah Index rose 22.09 points or 1.95 percent to close at 1,154.01 points.
The total turnover stood at BDT 3.73 billion which was 9.38 percent higher over the previous session’s value of BDT 3.41 billion.
The gainers took a strong lead over the losers as out of 302 issues traded, 220 advanced, 51 declined and 31 remained unchanged on the DSE floor.
GP was the most traded stock with shares worth BDT 213.38 million changing hands followed by AB Bank, Square Pharma, Keya Cosmetic and Summit Alliance Port.
The port city bourse, Chittagong Stock Exchange (CSE), also saw sharp gain with its Selective Categories Index – CSCX – gained 89.32 points to close at 9,249.27 points.
Gainers beat losers 125 to 64, with 29 issues remaining unchanged at the port city bourse that traded 7.19 million shares and mutual fund units, turnover value of BDT 275.14 million.
BBN/BB/ANS-Dec0214-3:40pm (BST)