midday business round up

Bangladesh’s stocks close marginally higher

Last updated: September 7, 2015

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks edged marginally higher on Monday as optimistic investors took position on large-cap stocks amid optimism.

The market started with a positive note which sustained though out the session.

DSEX, the benchmark index of the Dhaka Stock Exchange, went up by 19.26 points or 0.40 percent to settle at 4,791.91.

The two other indices also ended in green.

The DS30 index, comprising blue chips, gained 10.30 points or 0.56 percent to end at 1,829.46.

The DSE Shariah Index (DSES) advanced 2.55 points or 0.21 per cent to finish at 1,177.87.

Turnover improved to BDT 4.74 billion, which was 9.22 percent higher than the previous session’s BDT 4.34 billion.

Gainers outpaced the losers, as out of 315 issues traded, 152 advanced, 124 lost and 39 remained unchanged on the DSE trading floor.

Aman Feed dominated the day’s turnover chart for the fifth consecutive sessions with shares of BDT 293 million changing hands followed by Square Pharma, United Airways, United Power and Emerald Oil.

Aramit Cement was the day’s best performer, posting a rise of 9.57 per cent while Modern Dyeing was the day’s worst loser, plunging by 8.97 per cent.

The port city bourse Chittagong Stock Exchange (CSE) also closed higher with its Selective Categories Index – CSCX – gained 61.17 points to settle at 8,946.36.

Gainers beat losers 138 to 80, with 26 issues remained unchanged on the port city bourse that traded 12.40 million shares and mutual fund units with a value of BDT 378 million.

BBN/BB/ANS

 

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