Bangladesh’s stocks end higher for 3rd day

Last updated: August 20, 2015

Dhaka, Bangladesh (BBN)-Bangladesh’s stocks extended gaining streak for the third straight sessions on Thursday with turnover improved slightly as investors remained active on large-cap stocks.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 23.18 points or 0.48 per cent to settle at 4,840.15, after witnessing volatility in the initial hour.
The DS30 index, comprising blue chips, rose 1.58 points or 0.08 per cent to close at 1,850.94.
The DSE Shariah Index (DSES) edged up 2.63 points or 0.22 per cent to close at 1,191.
DSE turnover stood at BDT 5.96 billion, which was 8.36 per cent higher than the previous day’s Tk 5.50 billion.
The gainers took a lead over the losers as out of 318 issues traded, 156 closed higher, 116 lower and 46 remained unchanged on the DSE trading floor.
Lafarge Surma Cement dominated the turnover chart with shares of BDT 321 million changing hands followed by Square Pharma, Shahjibazar Power, Bangladesh Building Systems and Islami Bank.

Al-Haj Textile was the day’s best performer, posting a rise of 9.35 per cent while ICB Second Mutual Fund was the day’s worst loser, plunging by 5.86 per cent.
The port city bourse Chittagong Stock Exchange (CSE) also closed marginally higher with its Selective Categories Index – CSCX – gained 36.38 points to end at 9,027.44.
Gainers beat losers 116 to 96, with 39 issues remained unchanged on the port city bourse that traded 12 million shares and mutual fund units with a value of BDT 414 million.
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