Dhaka, Bangladesh (BBN) – Bangladesh’s stocks returned to green on Wednesday, after a single-session break, as investors took position on sector-wise stocks.
Following the previous day’s marginal correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid rising trading activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 29 points while the All Shares Price Index of port city bourse rose 64 points at 10:15am.
After first 30 minutes of trading, DSEX gained 19 points while CSE All Shares Price Index (CAPSI) of port city bourse rose 53 points at 10:00am.
After 90 minutes of trading, DSEX, the prime index of the DSE advanced more than 22 points while the CSE All Shares Price Index (CAPSI) of port city bourse 78 points.
DHAKA STOCK EXCHANGE:
Finally, DSEX, the core index of the DSE, which replaced the DGEN in nearly five years back, settled at 6,289 points, gaining 7.45 points or 0.12 percent over the previous day.
The two other indices also edged higher.
The DS30 index comprising blue chips went up by 1.93 points or 0.08 percent to close at 2,270 points.
The DSE Shariah Index (DSES) gained 7.83 points or 0.56 percent to finish at 1,389 points.
The market activities also fell nearly 18 percent to BDT 8.98 billion, from previous day’s BDT 10.92 billion.
The gainers took a modest lead over the losers as out of 327 issues traded, 167 closed higher, 120 closed lower, and 40 remained unchanged on the DSE trading floor.
LankaBangla Finance topped the day’s turnover chart with 8.86 million shares of BDT 602 million changing hands, followed by AB Bank BDT 373 million, Square Pharmaceuticals BDT 314 million, United Power BDT 259 million and CMC Kamal BDT 234 million.
The Peninsula Chittagong was the day’s best performer, posting a gain of 9.95 percent while Baraka Power was the day’s worst loser, plunging by 12.13 percent following its price adjustment after record date.
CHITTAGONG STOCK EXCHANGE:
The port city bourse Chittagong Stock Exchange (CSE) also closed higher with its All Share Price Index (CAPSI) –advancing 29 points to close at 19,468 points.
The Selective Categories Index – CSCX – also gained 18 points to close at 11,783 points.
Gainers beat losers as 116 issues closed higher, 95 closed lower and 34 remained unchanged on the CSE.
The port city bourse traded 15.57 million shares and mutual fund units worth more than BDT 440 million in turnover.