Dhaka, Bangladesh (BBN)– Bangladesh’s stocks posted a marginal gain on Tuesday, after a single-day break, as investors showed their buying binge on selective multinational companies (MNCs).
DSEX, the prime index of the Dhaka Stock Exchange, went up by 17.75 points to settle at 4,510, after losing 35 points in the previous day. Two other indices also edged higher.
The DS30 index, comprising blue chips, advanced 2.46 points to finish at 1,543 and the DSE Shariah Index gained 2.67 points to close at 1,034.
Turnover, another important indicator of the market, stood at BDT 4.67 billion, which was 15 percent higher than the previous day’s turnover of BDT 4.04 billion.
Gainers took a modest lead over the losers, as out of 355 issues traded, 181 closed higher, 107 ended lower and 67 issues remained unchanged on the DSE trading floor.
LafargeHolcim kept its dominance in the turnover chart with shares worth BDT 404 million changing hands, followed by Grameenphone, SS Steel, Paramount Textile and ADN Telecom.
Coppertech Industries was the day’s best performer, posting a gain of 9.95 percent while SMEL FBSL Growth Fund was the day’s worst loser, losing 6.38 percent.
On the other hand, Chittagong Stock Exchange also ended marginally higher with its CSE All Share Price Index – CASPI –gaining 59 points to settle at 13,715 and the Selective Categories Index – CSCX –advancing 35 points to finish at 8,316. The port city’s bourse traded 7.52 million shares and mutual fund units worth BDT 161 million in turnover.