Bangladesh’s stocks end higher despite blockade

Last updated: January 6, 2015

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks ended higher on Tuesday with turnover crossing BDT 3.0 billion-mark after three sessions as investors went for buying spree despite countrywide blockade.

The market opened with a positive note and the upturn continued throughout the session. DSEX, the prime index of the DSE went up by 43.26 points or 0.87 per cent to close at 4,969.67 points.
The two other indices also closed positive. The DS30 index, comprising blue chips gained 14.64 points or 0.79 per cent to close at 1,859.06 points. The DSE Shariah Index (DSES) rose 10.19 points or 0.86 per cent to stand at 1,186.50 points.

Turnover improved to BDT 3.19 billion, registering an increase of 56 per cent over the previous session’s value of BDT 2.04 billion.

The gainers took a lead over the losers as out of 309 issues traded, 191 declined, 74 advanced and 44 remained unchanged on the DSE floor.

Lafarge Surma Cement was the most traded stock with shares worth Tk 176.43 million changing hands followed by DESCO, Agni Systems, RSRM Steels and Beximco Pharma.

The port city bourse, Chittagong Stock Exchange (CSE) also closed higher with its Selective Categories Index – CSCX – gained 76.78 points to close at 9,208.14 points.

Gainers beat losers 154 to 71, with 23 issues remaining unchanged at the port city bourse that traded 6.64 million shares and mutual fund units, turnover value of BDT 247.39 million.

BBN/SSR/AD-06Jan15-4:20 pm (BST)

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