midday business round up

Bangladesh’s stocks end with marginal gain

Last updated: September 13, 2015

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks closed with a marginal gain on Sunday amid choppy trading as investors were remained cautious.

The Dhaka Stock Exchange, the key bourse of the country, obtained 8.15 points at closing while the Chittagong Stock Exchange, the port city bourse of Bangladesh, ended with 4.12 points.
DHAKA STOCK EXCHANGE:
The benchmark index of the Dhaka Stock Exchange (DSE) went up by 8.15 points or 0.17 percent to settle at 4,768.30.
The DS30 index, comprising blue chips, gained 4.02 points or 0.22 percent to end at 1,818.60.
The DSE Shariah Index (DSES) rose 1.50 points or 0.12 percent to close at 1,169.16.
DSE turnover stood at BDT 4.57 billion, which was 2.00 percent higher than the previous session’s BDT 4.48 billion.
The losers, however, took marginal lead over the gainers as out of 322 issues traded, 143 closed lower, 139 higher and 40 remained unchanged on the DSE trading floor.

Bangladesh Steels Re-rolling Mills (BSRM) dominated the day’s turnover chart with shares of BDT 195 million changing hands followed by Aman Feed, Lafarge Surma Cement, ACI and Al-Haj Textiles.
Deshbandhu Polymer was the day’s best performer, posting a rise of 9.93 percent while Eaxim Bank First Mutual Fund was the day’s worst loser, plunging by 10 percent.
CHITTAGONG STOCK EXCHANGE:
The port city bourse Chittagong Stock Exchange (CSE) also closed slightly higher with its Selective Categories Index – CSCX – gained 4.12 points to end at 8,874.
Losers beat gainers 116 to 111, with 24 issues remained unchanged on the port city bourse that traded 9.12 million shares and mutual fund units with a value of BDT 302 million.
BBN/SS/ANS

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