Dhaka, Bangladesh (BBN)-Bangladesh’s stocks closed marginally higher on Tuesday after previous session’s flat movement as investors went for buying spree on large-cap stocks despite no improvement in the political front.
The market opened with a positive note which sustained throughout the session amid modest see-saw mood.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 23.07 points or 0.49 percent to close at 4,649.30 points.
The two other indices also closed in green.
The DS30 index, comprising blue chips gained 15.24 points or 0.88 percent to close at 1,729.90 points.
The DSE Shariah Index (DSES) rose 10.00 points or 0.90 percent to close at 1,115.75 points.
However, turnover on the DSE came down to BDT 2.55 billion, registering a decline of 8.60 percent over the previous session’s value of BDT 2.79 billion.
The losers took a modest lead over the gainers as out of 304 issues traded, 140 declined and 110 advanced while 54 remained unchanged on the DSE floor.
Shahjibazar Power Company continued to top the turnover chart with shares worth BDT 148.26 million changing hands followed by Square Pharma, IFAD Autos, Lafarge Surma Cement and Shasha Denims.
The port city bourse, Chittagong Stock Exchange (CSE), however, closed in red with its Selective Categories Index – CSCX – lost 4.56 points to close at 8,614.15 points.
Losers beat gainers 106 to 88, with 27 issues remaining unchanged at the port city bourse that traded 6.95 million shares and mutual fund units, turnover value of BDT 255.74 million.
BBN/BB/AS-10Mar15-3:10pm (BST)