Bangladesh’s stocks extend gaining streak for 4th day

Last updated: April 3, 2016

Dhaka, Bangladesh (BBN)- Bangladesh’s stocks extended their gaining streak for the four consecutive sessions on Sunday as investors as the investor took position on small-cap and mid-cap stocks.
The benchmark prime index of the Dhaka Stock Exchange (DSE) went up by 21.69 points or 0.49 percent to settle at 4,379.23 points.
The DS30 index, comprising blue chips, gained 1.93 points or 0.11 percent to finish at 1,650.88 points.
The DSE Shariah Index (DSES) also rose 6.57 points or 0.62 percent to close at 1,058.71 points.
Turnover, however came down to BDT 3.74 billion, which was 9.44 percent lower than the previous day’s BDT 4.13 billion.
The gainers took a modest lead over the losers as out of 315 issues traded, 176 closed higher, 100 lower and 39 remained unchanged on the DSE trading floor.
LankaBangla Finance dominated the turnover chart with shares worth BDT 175 million changing hands, followed by KDS Accessories, Orion Infusion, Power Grid Company and United Power.
Aamra Technologies was also the day’s best performer, posting a rise of 9.94 percent, while Bank Asia was the worst loser, slumping by 13.02 percent.
The port city bourse Chittagong Stock Exchange (CSE) also closed higher for the fourth day with its Selective Categories Index, CSCX, gaining 47.26 points to 8,188.11 points.
Gainers beat losers as 126 issues closed higher, 77 closed lower and 33 remained unchanged on the CSE.
The port city bourse traded 9.89 million shares and mutual fund units worth over BDT 294 million in turnover.

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