Bangladesh’s stocks close positive amid hartal

Last updated: April 8, 2013

Dhaka, Bangladesh (BBN): Stocks ended positive territory on Monday amid volatile trading throughout the session with turnover remained sluggish in the prevailing uncertainty in the political front.

The General Index of the Dhaka Stock Exchange (DGEN) ended at 3,665.42 points, gaining 14.74 points or 0.40 per cent.

The DSEX went up by 21.82 points or 0.62 per cent to close at 3,515.09 while the DS30 advanced 5.73 points or 0.44 per cent to close at 1,306.44 points.

The total turnover at DSE stood at BDT 1.47 billion, up by 29 per cent from previous session’s 500-session’s lowest value of BDT 1.14 billion.

Of the 267 issues traded at the DSE, 204 advanced, 49 declined and 14 remained unchanged.

Mutual funds continued to dominate the top ten gainer chart with nine issues coming from the sector.

United Airways was the most traded stocks on the day with shares worth Tk 70.63 million changing hands.

ICB Employees Provident Mutual Fund Scheme One was the day’s highest gainer posting a rise of 10 per cent while Argon Denims was the day’s worst loser, losing 17.84 per cent following its price adjustment after record date.

The Chittagong Stock Exchange (CSE) also edged higher with the Selective Categories Index rose 56.61 points or 0.82 per cent to close at 6,937.49 points.

Gainers beat losers 138 to 31 with 11 issues remaining unchanged on the port city bourse that traded 7.74 million shares and mutual fund units on a value of Tk 175.49 million.

BBN/BB/AD/08April-13-3.50pm (BST).

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