Dhaka, Bangladesh (BBN)–Bangladesh’s stocks extended their gaining streak for the four consecutive sessions Sunday, with turnover crossing BDT 5.0 billion-mark once again as investors continued to pour money into the stocks amid optimism.
The market started with a flying note and remained vibrant throughout the session.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), crossed the 4,200-mark and ended at 4,277.05 points, after soaring 154.72 points or 3.75 percent.
The two other indices also ended higher.
The DS30 index, comprising blue chips, went up by 58.97 points or 3.78 percent to close at 1,617.17 points.
The DSE Shariah Index (DSES) rose 31.08 points or 3.07 percent to close at 1,041.49 points.
Turnover also crossed BDT 5.0 billion-mark on the prime bourse and amounted to Tk 5.20 billion, which was 24 per cent higher than the previous session’s BDT 4.19 billion.
The gainers took a strong lead over the losers as out of 309 issues traded, 289 advanced, 17 declined and three remained unchanged on the DSE floor.
United Power Generation and Distribution Company continued to dominate the top turnover chart with shares worth Tk 509.61 million changing hands followed by ACI Formulations, MJL BD, Saif Powertec and IFAD Autos.
The port city bourse, Chittagong Stock Exchange (CSE), also ended higher with its Selective Categories Index – CSCX – rose 293.54 points to close at 8,010.88 points.
Gainers beat losers 236 to 7, with 3 issues remaining unchanged at the port city bourse that traded about 13 million shares and mutual fund units, and recorded a turnover of BDT 432 million.