Dhaka, Bangladesh (BBN)-Bangladesh’s stocks closed marginally higher with high volatility as most of the investors remained followed cautious stance.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh, and Chittagong Stock Exchange, the port city bourse of the country, experienced upward trend.
The key index of Dhaka Stock Exchange (DSE) gained 7.01 points and the port city bourse Chittagong Stock Exchange (CSE) earned 2.98 points.
The prime index of the Dhaka Stock Exchange (DSE), went up by 7.01 points or 0.15 per cent to settle at 4,580.76 points, after witnessing see-saw throughout the session.
The DS30 index, comprising blue chips, gained 1.13 points or 0.06 per cent to close at 1,730.78.
However, the DSE Shariah Index (DSES) dropped 0.82 points or 0.07 per cent to finish at 1,100.33.
Turnover on DSE improved to BDT 4.05 billion, which was 16.38 per cent higher than the previous session’s BDT 3.48 billion.
The gainers took a modest lead over the losers as out of 312 traded issues, 138 closed higher, 134 lower and 40 remained unchanged on the DSE trading floor.
IFAD Autos was the day’s top turnover chart with shares of nearly BDT 146 million changing hands followed by Square Pharma, KDS Accessories, AFC Agro Biotech and Trust Bank.
Fu-Wang Ceramic was the day’s best performer, posting a rise of 9.48 per cent while Usmania Glass was the day’s worst loser, plunging 9.24 per cent.
The port city bourse Chittagong Stock Exchange (CSE) also edged higher with its Selective Categories Index- CSCX- gaining 2.98 points to close at 8,510.21.
Losers beat gainers 117 to 97, with 33 issues remaining unchanged on the port city bourse that traded 9.59 million shares and mutual fund units with a value of BDT 291 million.