BBN file photo
Dhaka, Bangladesh (BBN) - Bangladesh’s stocks finished slightly higher on Thursday with core index of the prime bourse crossing the 5,300-mark after one month as some investors showed their buying spree on sector-wise stocks.
Following the previous session’s higher note, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed positive note with low trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 20 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 38 points at 10:45am.
After 30 minutes of trading, the DSEX advanced more than 28 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 48 points at 11:00am.
However, rest of the session eroded three fourth of the initial gains.
DHAKA STOCK EXCHANGE
At the end of the session, DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 5,306, advancing 7.11 points or 0.13 percent over the previous day.
Two other indices – the DS30 index and the DSE Shariah Index (DSES) – also edged higher.
The DS30 index, comprising blue chips, saw a fractional gain of 0.10 point to finish at 1,868 and the DSE Shariah Index rose 6.38 points to close at 1,227.
Turnover, another important indicator of the market, came down to BDT 5.52 billion, which was 23 percent lower than the previous day’s turnover of BDT 7.17 billion.
A total number of 136,362 trades were executed in the day’s trading session with trading volume of 128.90 million securities.
The market capitalisation of the DSE stood at BDT 3,830 billion on the day which was BDT 3,823 billion in the previous day.
The losers, however, took a modest lead over the gainers, as out of 325 issues traded, 154 declined, 117 advanced and 54 issues remained unchanged on the DSE trading floor.
United Power topped the DSE turnover chart with 1.04 million shares worth BDT 321 million changing hands.
The other turnover leaders were Square Pharmaceuticals, Wata Chemicals, Intech and Saiham Cotton Mills.
Intraco Refuelling Station was also the day’s best performer, posting a gain of 8.30 percent while Wata Chemicals was the worst loser, losing 16.95 percent following its price adjustment after record date.
CHITTAGONG STOCK EXCHANGE
The port city bourse – the Chittagong Stock Exchange – also saw marginal with its CSE All Share Price Index – CASPI –advancing 42 points to settle at 16,284 and the Selective Categories Index – CSCX – gaining 25 points to finish at 9,875.
The losers beat gainers as 98 issues closed lower, 92 ended higher and 27 remained unchanged on the CSE.
The port city bourse traded 8.40 million shares and mutual fund units worth more than BDT 250 million in turnover.
BBN/SS/ANS