Bangladesh’s stocks return to green

Last updated: November 19, 2014


Dhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to the green on Wednesday after four sessions’ fall as investors took position on lucrative price level stocks.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), crossed the 4,900-mark again and ended at 4,926.23 points, gaining 27.41 points or 0.55 percent.
The DS30, comprising blue chips advanced 11.58 points or 0.63 percent to close at 1,826.51 points.
The DSE Shariah Index gained 3.87 points or 0.33 percent to close at 1,154.21 points.
Turnover remained sluggish and amounted to BDT 5.76 billion which was 8.13 percent lower over the previous day’s turnover of BDT 6.27 billion.
Gainers outpaced losers 158 to 102 with 39 issues remaining unchanged on the DSE floor.
Western Marine Shipyard was the most traded stock with shares worth BDT 268.58 million changing hands followed by BEDL, Jamuna Oil, Khan Brothers PP Woven Bag and DESCO.
GSP Finance was the day’s highest gainer, posting a rise of 9.52 percent while newly listed Khan Brothers PP Woven Bag was the day’s worst loser, slumping by 16.71 percent.
The port city bourse, Chittagong Stock Exchange (CSE) also returned to the positive after four sessions with its Selective Categories Index – CSCX – gained 62.60 points to close at 9,305.84 points.
Gainers beat losers 118 to 89, with 19 issues remaining unchanged at the port city bourse that traded 10.27 million shares and mutual fund units, turnover value of BDT 450.53 million.
BBN/BB/JF-19Nov14-3:20pm (BST)

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