Dhaka, Bangladesh (BBN)- Bangladesh’s stocks rebounded strongly on Tuesday after three sessions’ fall with turnover improved slightly as investors went for buying spree on large cap stocks.
The market opened with a positive mood which continued till the market closure. DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at 5,233.82 points, gaining 89.32 points or 1.73 percent.
The other two indices also ended higher. The DS30, comprising blue chips advanced 38.77 points or 2.00 percent to close at 1,972.04 points. The DSE Shariah Index went up by 26.15 points or 2.16 percent to close at 1,233.48 points.
The total turnover on DSE improved to BDT 6.94 billion, registering an increase of 16.44 per cent over the previous day’s 24-session’s low value of BDT 5.96 billion.
The gainers took a lead over the losers as out of 301 issues traded, 227 advanced, 41 declined and 33 remained unchanged on the DSE floor.
MJL BD was the most traded stock with shares worth BDT 324.51 million changing hands followed by KPCL, Square Pharma, GP and RSRM Steels.
FAR Chemical was the day’s highest gainer, posting a rise of 10 percent while EBL NRB Mutual Fund was the day’s worst loser, slumping by 9.85 percent.
The port city bourse, Chittagong Stock Exchange (CSE) also returned to the green with its Selective Categories Index – CSCX – gained 145.08 points to close at 9,823.05 points.
Gainers beat losers 153 to 54, with 16 issues remaining unchanged at the port city bourse that traded 12.10 million shares and mutual fund units, turnover value of BDT 440.68 million.
BBN/SSR/AD-21Oct14-3:47 pm (BST)
