Bangladesh’s stocks end higher for 2nd day

Last updated: August 26, 2014

 

Dhaka, Bangladesh (BBN)-Bangladesh’s stocks closed higher for the second straight session on Tuesday with significant improvement in turnover due to strong buying and selling pressure.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 26.30 points or 0.57 percent to close at 4,590.65 points.
The DSE Shariah Index advanced 2.45 points or 0.23 percent to close at 1,065.47 points.
However, the DS30, comprising blue chips closed negative with losing 0.03 points to 1,728.41 points.
DSE turnover improved to BDT 7.95 billion, registering an increase of 12.44 percent over the previous session’s value of BDT 7.07 billion.
Out of 298 issues traded, 195 advanced, 80 declined and 23 remained unchanged on the DSE floor.
Beximco Limited continued to top the turnover chart for the fifth running sessions with shares worth BDT 502.56 million changing hands followed by Beximco Pharma, MJL BD, BSRM Steels and GP.
Agni Systems Ltd was the day’s highest gainer, posting a rise of 9.91 percent while Southeast Bank First Mutual Fund was the day’s worst loser, slumping by 9.09 percent.
The port city bourse, Chittagong Stock Exchange (CSE), also closed higher with its Selective Categories Index – CSCX – gained 60.33 points to close at 8,674.45 points.
Losers beat gainers 142 to 67, with 15 issues remaining unchanged at the port city bourse that traded 15.65 million shares and mutual fund units, turnover value of BDT 535.28 million.
BBN/BB/AS-3:30pm (BST)

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