Dhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to green on Tuesday, after remaining down in the three consecutive sessions as late buying pressure helped to close the market higher.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 41.26 points or 0.86 per cent to end at 4,809.27, after witnessing volatility in the mid-session.
The DS30 index, comprising blue chips, rose 13.93 points or 0.76 per cent to settle at 1,841.86.
The DSE Shariah Index (DSES) gained 10.51 points or 0.89 per cent to close at 1,184.32.
However, market turnover dropped below BDT 6.0-billion again and amounted to BDT 5.28 billion, which was 13.44 percent lower than the previous day’s BDT 6.10 billion.
The gainers took a lead over the losers as out of 318 issues traded, 158 closed higher, 115 lower and 45 remained unchanged on the DSE trading floor.
Islami Bank was the day’s top turnover leader for the second running session with shares of BDT 203 million changing hands followed by Familytex, Square Pharma, Apex Tannery and Shahjibazar Power Company.
Apex Tannery was the day’s best performer for the second session in a row, posting a rise of 9.95 per cent while Gemini Sea Food was the day’s worst loser, plunging by 5.44 per cent.
The port city bourse Chittagong Stock Exchange (CSE) also closed higher with its Selective Categories Index – CSCX – gained 60.09 points to end at 8,975.25.
Losers beat gainers 118 to 100, with 35 issues remained unchanged on the port city bourse that traded 12 million shares and mutual fund units with a value of BDT 474 million.