Dhaka, Bangladesh (BBN)–Bangladesh’s stocks ended marginally higher on Tuesday as late profit-booking selling pressure wiped-out most of the early gains.
Trading at the Dhaka Stock Exchange (DSE) started on time at 10:30am on Tuesday, after witnessing two consecutive days’ delayed resumption due to technical glitch.
The market opened with flying note, but it slowed down later.
DSEX, the prime index of the DSE ended at 4,627.16 points, gaining modestly by 12.14 points or 0.26 percent.
DS30 index, comprising blue chips, gained 12.47 points or 0.72 percent to close at 1,748.78 points.
DSES index advanced 4.60 points or 0.42 percent to end at 1,113.44 points.
Turnover, however, drooped slightly by 2.22 percent to BDT 8.36 billion in the prime bourse against previous day’s BDT 8.55 billion.
Losers took a lead over the gainers as out of 315 issues traded, 156 declined, 123 advanced and 36 remained unchanged on the DSE floor.
Khulna Power Company Ltd (KPCL) was the day’s top turnover leader with shares worth BDT 684 million changing hands followed by ACI Formulations, United Power, MJL BD and ACI.
The port city bourse Chittagong Stock Exchange (CSE) also ended marginally higher with its Selective Categories Index – CSCX – gained 45 points to close at 8,705 points.
Gainers beat losers 133 to 93, with 27 issues remaining unchanged at the port city bourse that traded 23 million shares and mutual fund units with turnover of BDT 773 million.