Dhaka, Bangladesh (BBN)-Bangladesh’s stocks edged in green territory on Wednesday after witnessing volatility throughout the session as investors remained followed cautious approach.
The Dhaka Stock Exchange (DSE), the prime bourse of Bangladesh, and the Chittagong Stock Exchange (CSE), the port city bourse of the country, closed in green.
The key index of DSE posted 1.93 points gain while the Selective Category Index of port city bourse CSE advanced 22.99 points at the closing.
The prime index of the Dhaka Stock Exchange (DSE) settled at 4,580.79 points, gaining 1.93 points or 0.04 per cent.
The DS30 index, comprising blue chips, advanced 6.47 points or 0.36 per cent to end at 1,759.19 points.
The DSE Shariah Index (DSES) rose 2.03 points or 0.18 per cent to finish at 1,120.90 points.
The market turnover value stood at BDT 4.71 billion, which was 2.39 per cent higher than the previous day’s BDT 4.60 billion.
The gainers took a modest lead over the losers as out of 326 traded issues, 150 closed higher, 124 lower and 52 remained unchanged on the DSE trading floor.
United Power Generation & Distribution Company dominated the turnover chart with shares worth BDT 223 million changing hands followed by BSRM, Summit Power, Shasha Denim and Aman Feed.
Sinobangla Industries was the day’s best performer, posting a rise of 9.79 per cent while Agrani Insurance was the worst loser, plunging 8.57 per cent.
The port city bourse Chittagong Stock Exchange (CSE) also edged higher with its Selective Categories Index- CSCX- gaining 22.99 points to end at 8,610.33 points.
Gainers beat losers as 115 issues closed higher, 90 lower and 46 remained unchanged on the CSE.
The port city bourse traded 9.19 million shares and mutual fund units worth above BDT 304 million in turnover.