Dhaka, Bangladesh (BBN)-Bangladesh’s stocks ended higher on Tuesday, a day after modest correction with turnover improving significantly as investors went for buying spree on large cap stocks.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), ended at 4,759.39 points, surging 49.48 points or 1.05 percent from previous session.
The other two indices also ended higher.
The DS30, comprising blue chips rose sharply by 39.42 points or 2.16 percent to close at 1,858.40 points.
The DSE Shariah Index gained 15.81 points or 1.42 percent to close at 1,126.53 points.
DSE turnover jumped to BDT 8.36 billion, which was 25 percent higher over the previous session’s value of BDT 6.68 billion.
Out of 301 issues traded, 114 advanced, 137 declined and 50 remained unchanged on the DSE floor.
Beximco Pharma was the day’s most traded stocks with shares worth BDT 560.49 million changing hands followed BSRM Steels, NJL BD, Beximco and Lafarge Surma Cement.
ACI Formulations was the day’s highest gainer, posting a rise of 10 percent while BD Building was the day’s worst loser, slumping by 6.27 percent.
The port city bourse, Chittagong Stock Exchange (CSE), also closed higher with its Selective Categories Index – CSCX – gained 74.68 points to close at 8,875.31 points.
Losers beat gainers 133 to 74, with 26 issues remaining unchanged at the port city bourse that traded 13.34 million shares and mutual fund units, turnover value of BDT 537.29 million.
BBN/BB/ANS-16Sept14-3:25pm (BST)