Dhaka, Bangladesh (BBN) – Bangladesh’s stocks edged higher amid choppy trading on Thursday as investors went for late hours moderate buying.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 14.40 points or 0.30 percent to settle at 8,792.30, after witnessing volatility almost throughout the session.
The DS30 index, comprising blue chips, rose 14.35 points or 0.76 percent to finish at 1,883.91.
The DSE Shariah Index (DSES) advanced 5.77 points or 0.48 percent to close at 1,189.86.
DSE turnover stood at BDT 6.29 billion against previous day’s BDT 6.30 billion.
The gainers took a modest lead over the losers as out of 314 issues traded, 156 closed higher, 117 lower and 41 remained unchanged on the DSE trading floor.
Lafarge Surma Cement was the day’s top turnover leader with shares of BDT 417 million changing hands followed by Square Pharma, Shasha Denim, Beximco Pharma and IDLC Finance.
Bangladesh Finance and Investments Company was the day’s best performer, posting a rise of 9.70 percent while Bangladesh Welding was the day’s worst loser, plunging by 6.43 percent.
The port city bourse Chittagong Stock Exchange (CSE) also edged marginally higher with its Selective Categories Index – CSCX – gained 51 points to close at 8,972.
Gainers took a lead over the losers as out of 248 issues traded, 120 advanced, 95 declined and 33 remained unchanged on the port city bourse.
A total of 14.25 million shares and mutual fund units were traded with a value of BDT 616 million.