Dhaka, Bangladesh (BBN)-Bangladesh’s stocks ended higher for the third running session on Wednesday amid high turnover as optimistic investors continued on buying spree.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 59.10 points or 1.19 percent to close at 4,992.00 points.
The other two indices also closed higher.
The DS30, comprising blue chips gained 16.53 points or 0.89 percent to close at 1,853.83 points.
The DSE Shariah Index rose 12.35 points or 1.07 percent to close at 1,166.37 points.
Turnover crossed BDT 5.0 billion-mark after 10-session and amounted to BDT 5.16 billion, registering an increase of 38.33 percent from the previous session’s value of BDT 3.73 billion.
The gainers took a strong lead over the losers as out of 304 issues traded, 235 advanced, 49 declined and 20 remained unchanged on the DSE floor.
Keya Cosmetics was the most traded stock with shares worth BDT 227.49 million changing hands followed by Titas Gas, Summit Port Alliance Port, Square Pharma and AB Bank.
Pharma Aids was the day’s highest gainer, posting a rise of 8.73 percent while Northern Jute Manufacturing was the day’s worst loser, slumping by 8.74 percent.
The port city bourse, Chittagong Stock Exchange (CSE), also closed higher for the third session with its Selective Categories Index – CSCX – gained 111.99 points to close at 9,361.26 points.
Gainers beat losers 159 to 47, with 21 issues remaining unchanged at the port city bourse that traded 11.55 million shares and mutual fund units, turnover value of BDT351.16 million.
BBN/BB/AS-03Dec14-3:15pm (BST)