Dhaka, Bangladesh (BBN)-Bangladesh’s stocks edged slightly higher on Monday as investors went for buying spree on lucrative stocks despite prevailing political turmoil across the country.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 6.46 points or 0.13 percent to close at 4,808.64 points amid choppy trading throughout the session.
The two other indices also ended in the green.
The DS30 index, comprising blue chips gained 9.50 points or 0.53 percent to close at 1,797.66 points.
The DSE Shariah Index (DSES) advanced 7.14 points or 0.62 percent to close at 1,136.12 points.
Turnover on DSE stood at BDT 3.15 billion, registering an increase of 28.57 percent over the over the previous session’s value of BDT 2.45 billion.
The losers took a modest lead over the gainers as out of 311 issues traded, 144 decline, 126 advanced and 41remained unchanged on the DSE floor.
Square Pharma was the most traded stock with shares worth BDT 168.68 million changing hands followed by UCBL, BSCCL, ACI and IFAD Autos.
Altex Industries was the day’s top gainer, posting a rise of 9.70 percent while Imam Button was the day’s worst loser, losing 9.09 percent.
However, the port city bourse, Chittagong Stock Exchange (CSE) ended in the red with its Selective Categories Index – CSCX – lost 9.20 points to close at 8,922.59 points.
Losers beat gainers 119 to 79, with 37 issues remaining unchanged at the port city bourse that traded 7.42 million shares and mutual fund units, turnover value of BDT 262.47 million.
BBN/BB/AS-23Feb15-3:40pm (BST)