Dhaka, Bangladesh (BBN) – Bangladesh’s stocks ended higher on Thursday as investors showed their buying appetite on large-cap stocks as pre-Eid sale pressure eased.
The investors continued to show buying spree on largest market-cap Grameenphone shares riding on the news of uniform call rate for all the operators coupled with bank stocks.
Only two trading sessions are left before the beginning of Eid-ul-Azha vacation.
The market opened on optimistic note and the upbeat note continued till end of the session with no sign of reversal.
DHAKA STOCK EXCHANGE
At the end of the session, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 59.28 points or 1.10 percent to settle at 5,467.
The two other indices ended higher. The DS30 index, comprising blue chips, advanced 14 points to finish at 1,915 points and the DSE Shariah Index gained 4.32 points to close at 1,246.
However, trading activities remained almost same as total turnover on the DSE amounting to BDT 5.81 billion which was BDT 5.80 billion in the previous day.
Of the 340 issues traded on the DSE trading floor, 212 ended higher, 91 closed lower and 37 issues remained unchanged on the DSE trading floor.
BBS Cables continued to top the turnover chart with 2.16 million shares worth BDT 263 million changing hands, closely followed by IFAD Autos, Bashundhara Paper Mills, LankaBangla Finance and Active Fine Chemicals.
CHITTAGONG STOCK EXCHANGE
The port city bourse CSE also closed higher with its CSE All Share Price Index – CASPI – advancing 235 points to settle at 16,820 and the Selective Categories Index – CSCX – gaining 139 points to finish at 10,184.
The gainers beat losers as 144 issues closed higher, 76 ended lower, with 20 issues remained unchanged on the CSE.
The port city bourse traded 11.51 million shares and mutual fund units worth nearly BDT 256 million in turnover.