Dhaka, Bangladesh (BBN)-Bangladesh’s stocks rebounded in gaining territory on Thursday, breaking six days of losing streak as investors went on buying spree available attractive prices of stocks.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh, and Chittagong Stock Exchange, the port city bourse of the country, that opened with an optimistic mood and sustain till end of the session.
The key index of Dhaka Stock Exchange earned 62.03 points while the selective categories index of Chittagong Stock Exchange gained 114.09 points.
The market DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 62.03 points or 1.41 per cent to settle at 4,433.57 points.
The DS30 index, comprising blue chips, soared 24.56 points or 1.47 per cent to end at 1,689.08.
The DSE Shariah Index (DSES) advanced 12.47 points or 1.18 per cent to finish at 1,067.47.
DSE turnover also improved to BDT 3.04 billion, which was 19 percent higher than the previous session’s eight month lowest turnover of BDT 2.55 billion.
The gainers took a strong lead over the losers as out of 313 traded issues, 228 closed higher, 54 lower and 31 remained unchanged on the DSE trading floor.
Titas Gas continued to top the turnover chart for the four consecutive sessions with shares of BDT 295 million changing hands followed by IFAD Autos, Beximco Pharma, Beximco and Square Pharma.
Titas Gas was the day’s best performer, posting a rise of 10 percent while Aman Feed was the day’s worst loser, plunging 12.47 per cent.
The port city bourse Chittagong Stock Exchange (CSE) ended higher with its Selective Categories Index- CSCX- gaining 114.09 points to end at 8,248.20.
Gainers beat losers 150 to 50, with 20 issues remaining unchanged on the port city bourse that traded 6.88 million shares and mutual fund units with a value of BDT 204 million.