Bangladesh’s stocks end higher

Last updated: January 27, 2015


Dhaka, Bangladesh (BBN)-Bangladesh’s stocks ended higher on Tuesday after two sessions’ marginal fall as investors went for buying spree on lucrative issues despite ongoing blockade across the country.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 48.76 points or 1.03 percent to close at 4,757.10 points.
The DS30 index comprising blue chips gained 19.17 points or 1.10 percent to close at 1,755.53 points.
The DSE Shariah Index (DSES) rose 13.64 points or 1.22 percent to close at 1,124.17 points.
Turnover stood at BDT 2.15 billion, registering an increase of 5.4 percent over the previous session’s value of BDT 2.04 billion.
The gainers took a lead over the losers as out of 305 issues traded, 217 advanced, 58 declined and 30 remained unchanged on the DSE floor.
C & A Textiles was the most traded stock with shares worth BDT 136.58 million changing hands followed by GSP Finance, GP Summit Alliance Port and IDLC Finance.
Phoenix Finance First Mutual Fund was the day’s top gainer, posting a rise of 11.11 percent while Gemini Sea Food was the day’s worst loser, plunging 4.87 percent.
The port city bourse, Chittagong Stock Exchange (CSE), also closed higher with its Selective Categories Index – CSCX – gained 72.23 points to close at 8,814.54 points.
Gainers beat losers 151 to 56 with 23 issues remaining unchanged at the port city bourse that traded 7.40 million shares and mutual fund units, turnover value of BDT 215.11 million.
BBN/BB/ANS-27Jan15-4:00pm (BST)

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