Dhaka, Bangladesh (BBN)-Bangladesh’s stocks ended higher on Thursday for the third running sessions as opportunist investors continued on buying lucrative stocks despite political unrest across the country.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up further by 16.98 points or 0.36 percent to close at 4,685.03 points.
The DS30 index, comprising blue chips gained 6.81 points or 0.39 percent to close at 1,733.22 points.
The DSE Shariah Index (DSES) advanced 4.91 points or 0.44 percent to close at 1,110.21 points.
Turnover on DSE improved to BDT 2.61 billion, registering an increase of 28.57 percent over the over the previous session’s value of BDT 2.03 billion.
The gainers took a modest lead over the losers out of 306 issues traded, 155 advanced, 104 declined and 47 remained unchanged on the DSE floor.
IFAD Autos, which made debut Thursday, was the most traded stock with shares worth BDT 740.03 million changing hands followed by GP, MJL BD, Summit Port Alliance and ACI Limited.
Newly listed IFAD Autos was also the day’s top gainer, posting a rise of 126 percent from its offer price while Midas Financing was the day’s worst loser, plunging 8.00 percent.
The port city bourse, Chittagong Stock Exchange (CSE), also ended in positive with its Selective Categories Index – CSCX – gained 28.62 points to close at 8,707.33 points.
Gainers beat losers 107 to 85, with 33 issues remaining unchanged at the port city bourse that traded 7.70 million shares and mutual fund units, turnover value of BDT 318.84 million.
BBN/BB/ANS-5Feb15-3:35pm (BST)