Dhaka, Bangladesh (BBN)-Bangladesh’s stocks closed slightly higher on Sunday as late sale pressure offset most of the early gains.
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 13.70 points and the port city bourse Chittagong Stock Exchange (CSE) earned 6.65 points.
DHAKA STOCK EXCHANGE:
The prime index of the Dhaka Stock Exchange (DSE), settled at 4,654.74, gaining 13.70 points or 0.29 per cent.
The DS30 index, comprising blue chips, advanced 5.28 points or 0.29 per cent to close at 1,777.51.
The DSE Shariah Index (DSES) gained 1.25 points or 0.11 per cent to finish at 1,124.48.
Turnover on the DSE dropped to BDT 5.57 billion, which was 7.78 per cent lower compared to the previous session’s four months’ highest turnover of BDT 6.04 billion.
The gainers took a modest lead over the losers as out of 321 issues traded, 178 closed higher, 105 lower and 38 remained unchanged on the DSE trading floor.
Quasem Drycells was the day’s top turnover chart with shares of BDT 255 million changing hands followed by BSRM Steels, Square Pharma, MI Cement and Delta Life Insurance.
Hakkani Pulp & Paper was the day’s best performer, posting a rise of 9.95 per cent while Quasem Drycells was the day’s worst loser, plunging by 7.51 per cent.
CHITTAGONG STOCK EXCHANGE
The port city bourse Chittagong Stock Exchange (CSE) also edged higher with its Selective Categories Index- CSCX- gaining 6.65 points to close at 8,658.38.
Gainers beat losers 140 to 73, with 34 issues remaining unchanged on the port city bourse that traded 10.70 million shares and mutual fund units with a value of BDT 392 million.