Dhaka, Bangladesh (BBN)-Bangladesh’s stock ended higher for the second running sessions on Sunday with improving turnover as investors went for buying spree amid optimism.
The investors went for buying binge from the very beginning of the trading session defying prevailing political crisis and the positive vibe sustained throughout the session.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), crossed the 4,500-mark and ended at 4,533.21 points, gaining 65.19 points or 1.45 percent.
The two others indices also closed higher.
The DS30 index, comprising blue chips soared 34.39 points or 2.03 percent to close at 1,721.06 points.
The DSE Shariah Index (DSES) rose 23.26 points or 2.15 percent to close at 1,104.75 points.
The total turnover on the DSE also crossed BDT 2.50 billion-mark and amounted to BDT 2.68 billion, which is 61.44 percent higher over the previous session’s two-and-half month’s lowest value of BDT 1.66 billion.
The gainers took a strong lead over the losers as out of 310 issues traded, 203 advanced, 71 declined and 36 remained unchanged on the DSE floor.
ACI Limited was the day’s top turnover chart with shares worth BDT 182.68 million changing hands followed by Lafarge Surma, SPCL, ACI Formulations and IFAD Autos.
ACI Formulations was the day’s top gainer, posting a rise of 9.42 percent while Reliance Insurance was the worst loser, plunging by 19.78 percent following its price adjustment after record date.
The port city bourse, Chittagong Stock Exchange (CSE), also closed in positive zone with its Selective Categories Index – CSCX – gained 76.21 points to close at 8,376.30 points.
Gainers beat losers 142 to 61, with 34 issues remaining unchanged at the port city bourse that traded 5.91 million shares and mutual fund units, turnover value of BDT 229.01 million.
BBN/BB/AI-22Mar15-3:25pm (BST)