Dhaka, Bangladesh (BBN)– Bangladesh’s stocks posted a marginal gain on Monday as investors continued to show their buying interest on sector-wise shares based on latest earnings disclosure.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 9.55 points or 0.20 per cent to settle at 4,781, over the previous session.
Market experts said optimistic investors took position on sector specific stocks based on the latest quarter’s financial performance and year-end dividend declarations, taking the market in green zone.
Lucrative price level and ensuing declarations from some companies also encouraged investors to buy selective stocks, they added.
Despite the market ended higher, a section of the investors maintained cautious stance amid recent market volatility reflected in low turnover value, the experts noted.
Two other indices also edged higher. The DS30 index, comprising blue chips, advanced 6.44 points to finish at 1,664 and the DSE Shariah Index gained 1.24 points to close at 1,090.
Turnover, another important indicator of the market, stood at BDT 2.96 billion, which was 19 per cent lower than the previous day’s turnover of BDT 3.67 billion.
On the other hand, the Chittagong Stock Exchange also posted marginal gain with the CSE All Share Price Index – CASPI—gaining 37 points to settle at 14,520 and the Selective Categories Index – CSCX –advancing 23 points to finish at 8,821.
The losers beat gainers, as 105 issues closed lower, 87 ended higher and 37 remained unchanged on the CSE trading floor.
The port city’s bourse traded 12.23 million shares and mutual fund units worth BDT 341 million in turnover.