Dhaka, Bangladesh (BBN)-Bangladesh’s stocks edged marginally higher on Sunday with turnover remained sluggish as investors went for late hours buying on lucrative stocks defying ongoing political turmoil.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 13.94 points or 0.29 percent to close at 4,802.17 points.
The DS30 index, comprising blue chips gained 10.29 points or 0.57 percent to close at 1,788.15 points.
The DSE Shariah Index (DSES) advanced 7.82 points or 0.69 percent to close at 1,136.12 points.
Turnover on DSE stood at BDT 2.45 billion, registering a decline of 7.89 percent over the over the previous session’s value of BDT 2.66 billion.
The gainers took a modest lead over the losers as out of 310 issues traded, 134 advanced, 125 declined 51remained unchanged on the DSE floor.
Shahjibazar Power Company was the most traded stock with shares worth BDT 131.73 million changing hands followed by ACI, Lafarge Surma Cement, Square Pharma and MJL BD.
The port city bourse, Chittagong Stock Exchange (CSE), also ended in green with its Selective Categories Index – CSCX – gained 37.93 points to close at 8,936.42 points.
Losers beat gainers 103 to 99, with 32 issues remaining unchanged at the port city bourse that traded 5.99 million shares and mutual fund units, turnover value of BDT 229.65 million.
BBN/BB/AS-22Feb15-3:20pm (BST)