Dhaka, Bangladesh (BBN)- Stocks returned to the green on Tuesday after four consecutive session of losing streak with turnover dipped below BDT 5.0 billion-mark once again as investors remained cautious.
The market opened with a positive note and the upward trend continued till the market closure, eventually, the prime index of the Dhaka Stock Exchange (DSE) --- DSEX --- ended at 4,703.87 points, gaining 16.68 points or 0.35 per cent from previous session.
The DSE Shariah Index (DSES) went up by 4.51 points or 0.45 per cent to close at 1,006.02 points. However, the DS30, comprising blue chips lost 7.44 points or 0.43 per cent to close at 1,694.81 points.
The total turnover on DSE came down to BDT 4.62 billion, registering 8.51 per cent decline over the previous session’s value of BDT 5.05 billion.
The gainers took a modest lead over the losers as out of 290 issues traded, 172 advanced, 88 declined and 30 issues closed unchanged on the DSE floor.
The market capitalization of the DSE stood at BDT 2,902.86 billion against BDT 2,908.54 billion in the previous session.
Square Pharma dominated the top turnover chart with shares worth Tk 319.72 million changing hands followed by Olympic, Lafarge Surma Cement, BSCCL and Southeast Bank.
Rupali Life Insurance was also the day’s highest gainer; posting a rise of 8.45 per cent while LankaBangla Finance was the day’s worst losers, slumping by 9.30 per cent following its price adjustment after record date.
The port city bourse --- the Chittagong Stock Exchange (CSE), also closed positive with its Selective Categories Index – CSCX gained 22.14 points to close at 9,214.46 points.
Gainers beat losers 121 to 79, with 27 issues remaining unchanged at the port city bourse that traded 9.14 million shares and mutual fund units, turnover value of BDT 431.89 million.
BBN/BB/SI-4Mar13-3:28 pm (BST)