Dhaka, Bangladesh (BBN)-Bangladesh’s stocks rebounded on Monday, after previous day’s steep fall, as investors went on a buying spree.
The market opened with a cheerful note which sustained till end of the session.
Key index of Dhaka Stock Exchange (DSE) gains 48.02 points and Chittagong Stock Exchange (CSE) up 111.57 points after the end of the second session of the week.
The benchmark index of the Dhaka Stock Exchange (DSE), closed at 4,776.15, after gaining 48.02 points or 1.01 per cent.
The DS30 index, comprising blue chips, gained 18.89 points or 1.05 per cent to finish at 1,813.58.
The DSE Shariah Index (DSES) rose 8.38 points or 0.73 per cent to end at 1,144.18.
DSE turnover improved to BDT 4.16 billion, which was 23 percent higher than the previous day’s BDT 3.38 billion.
The gainers took a strong lead over the losers as out of 316 issues traded, 186 advanced, 102 declined and 28 27 remained unchanged on the DSE trading floor.
United Commercial Bank dominated the day’s turnover chart with shares of BDT 178 million changing hands followed by Mozaffar Hossain Spinning Mills, Beximco Pharma, Lafarge Surma Cement and Brac Bank.
BSCCL was the day’s best performer, posting a rise of 7.14 percent while Zeal Bangla Sugar Mills was the day’s worst loser, slumping by 8.69 percent.
The port city bourse Chittagong Stock Exchange (CSE) also returned to the green with its Selective Categories Index – CSCX – gaining 111.57 points to end at 8,915.84.
Gainers beat losers 156 to 58, with 27 issues remaining unchanged on the port city bourse that traded 10.74 million shares and mutual fund units with a value of BDT 306 million.