BBN file photo

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks returned to higher on Monday after a single-session break as pre-Eid sale pressure somewhat subdued.
Only three trading sessions are left before Eid vacation.
Brokers said the market finished marginally higher as pre-Eid sale pressure faded away, while recent corrections encouraged some investors to take fresh position on some large-cap stocks.
The market started with a negative note and the downturn sustain till first half of the session, but last half went up sharply, finally ended more than 17 points higher.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), finished at 5,479, advancing 17.18 points or 0.31 percent over the previous day.
The two other indices also finished marginally higher. The DS30 index, comprising blue chips advanced 1.86 points or 0.09 percent to finish at 2033 points.
The DSE Shariah Index (DSES) rose 1.69 points or 0.13 percent to close at 1,262 points.
Turnover, another important indicator of the market, also rose to BDT 5.41 billion, which was 14 percent higher than the previous day’s BDT 4.73 billion.
Gainers took a strong lead over the losers, as prices of 183 securities advanced, 91 declined and 54 remained unchanged out of the 328 issues that were traded on the DSE floor.
Regent Textile topped the DSE turnover chart with about 7.05 million shares worth BDT 202 million changing hands, followed by Nurani Dyeing, Orion Pharma, Paramount Textile and Argon Denims.
Asia Pacific Isnuarnec was the day’s highest gainer, posting 7.17 percent gain, while Shympur Sugar Mills was the worst loser, losing 6.67 percent.
The port city bourse, the Chittagong Stock Exchange (CSE), also closed higher with its Selective Categories Index – CSCX – advancing 32 points to settle at 10,269.
Gainers beat losers as 130 issues closed higher, 69 closed lower and 38 remained unchanged on the CSE.
The port city bourse traded 11.50 million shares and mutual fund units’ worth BDT 514 million in turnover.