Bangladesh’s stocks return to green

Last updated: November 25, 2014


Dhaka, Bangladesh (BBN)-Bangladesh’s stock returned to the green on Tuesday after three sessions’ sharp fall with turnover remained sluggish as investors went for buying spree on lucrative stocks.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), ended at 4,804.45 points, gaining 35.55 points or 0.74 percent.
The other two indices also closed positive.
The DS30, comprising blue chips gained 18.44 points or 1.05 percent to close at 1,771.49 points.
The DSE Shariah Index advanced 9.13 points or 0.82 percent to close at 1,119.72 points.
However, turnover remained dry and amounted to BDT 3.47 billion, registering a decline of 1.98 per cent over the previous session’s BDT 3.54 billion.
The gainers took a lead over the gainers as out of 298 issues traded, 168 advanced, 93 declined and 37 remained unchanged on the DSE floor.
Western Marine Shipyard was the most traded stock with shares worth BDT 220.06 million changing hands followed by Beximco Pharma, Beximco, Lafarge Surma Cement, Jamuna Oil and Khan Brothers.
GSP Finance was the day’s highest gainer, posting a rise of 9.52 percent while Standard Ceramic was the day’s worst loser, slumping by 9.80 percent.
The port city bourse, Chittagong Stock Exchange (CSE), also closes positive with its Selective Categories Index – CSCX – gained 27.12 points to close at 9,036.35 points.
Gainers beat losers 99 to 88, with 28 issues remaining unchanged at the port city bourse that traded 7.74 million shares and mutual fund units, turnover value of BDT 279.92 million.
BBN/BB/AS-25Nov14-4:00pm (BST)

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