Dhaka, Bangladesh (BBN)-Bangladesh’s stocks inched slightly higher on Sunday amid volatile trading throughout the session as investors remained followed cautious stance.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), crossed the4,800-mark and ended at 4,802.02, gaining 9.71 points or 0.20 per cent, after witnessing volatility throughout the session.
The DS30 index, comprising blue chips, advanced 1.98 points or 0.10 per cent to finish at 1,885.90. The DSE Shariah Index (DSES) gained 2.85 points or 0.23 per cent to close at 1,192.72.
Turnover crossed BDT 8.0 billion-mark after five trading sessions and amounted to BDT 8.06 billion, which was 28 percent higher than the previous session’s BDT 6.29 billion.
The losers, however, took a modest lead over the gainers as out of 319 issues traded, 149 closed lower, 141 higher and 29 remained unchanged on the DSE trading floor.
Lafarge Surma Cement was the day’s top turnover leader with shares of BDT 298 million changing hands followed by KPCL, Beximco Pharma, DESCO and FAR Chemicals.
ICB First Mutual Fund was the day’s best performer, posting a rise of 19.5 per cent while Meghna Life Insurance was the day’s worst loser, plunging by 18.76 per cent.
The port city bourse Chittagong Stock Exchange (CSE) also edged marginally higher with its Selective Categories Index – CSCX – gained 28.37 points to close at 8,988.
Lowers took a modest lead over the gainers as out of 261 issues traded, 126 advanced, 110 declined and 25 remained unchanged on the port city bourse.
A total of 16.46 million shares and mutual fund units were traded with a value of BDT 608 million.
BBN/BB/SK