Dhaka, Bangladesh (BBN)-Bangladesh’s stocks ended marginally higher on Monday with turnover remaining sluggish, the first trading session after five-day Eid holiday.
The presence of the investors, however, was thin on the trading floor as many investors are yet to come in the capital Dhaka after celebrating Eid-ul-Azha, the second largest religious festival of the Muslims.
Key index of Dhaka Stock Exchange gains 13.46 points and selective index of Chittagong Stock Exchange rises 23.27 points after the first trading session after five-day Eid holiday.
DHAKA STOCK EXCHANGE:
The benchmark index of the Dhaka Stock Exchange (DSEX), went up by 13.46 points or 0.27 percent to close at 4,866.75 points after four hours trading.
With this, DSEX remained positive in the five consecutive sessions in a row.
The DS30 index, comprising blue chips, rose 3.36 points or 0.18 percent to finish at 1,863.72. The DSE Shariah Index (DSES) gained 1.77 points or 0.14 percent to end at 1,192.82.
The total turnover on DSE stood at BDT 3.95 billion, which was 8.52 percent higher than the last session’s BDT 3.64 billion.
The gainers took a marginal lead over the losers as out of 316 issues traded, 147 closed higher, 124 lower and 45 remained unchanged on the DSE trading floor.
Lafarge Surma Cement dominated the day’s turnover chart with shares of BDT 176.42 million changing hands followed by Saif Powertec, Beximco Pharma, IDLC Finance and BSRM Steels.
Premier Cement was the day’s best performer, posting a rise of 19.08 percent while Shaympur Sugar Mills was the day’s worst loser, plunging by 5.40 percent.
CHITTAGONG STOCK EXCHANGE:
The port city bourse Chittagong Stock Exchange also closed higher with its Selective Categories Index – CSCX – gained 23.27 points to end at 9,070.97.
Losers, however, beat gainers 108 to 95, with 22 issues remained unchanged on the port city bourse that traded 6.97 million shares and mutual fund units with a value of BDT 243 million.
BBN/SK/AD