Dhaka, Bangladesh (BBN)-Bangladesh’s stocks ended higher on Sunday, breaking six days’ losing streak with turnover improved slightly as investors went for buying spree.
The market opened with a positive note which sustained throughout thesession.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), crossed the 4,500-mark and ended at 4,502.22 points, gaining 46.93 points or 1.05 percent.
The DS30 index, comprising blue chips, gained 22.75 points or 1.35 percent to close at 1,738.41 points.
The DSE Shariah Index (DSES), advanced 11.47 points or 1.05 percent to end at 1,103.79 points.
DSE turnover remained improved to BDT 3.62 billion, registering an increase of 4.62 percent over the previous day’s BDT 3.46 billion.
The gainers took a modest lead over the losers as out of 311 issues traded, 160 advanced, 110 declined and 41 remained unchanged on the DSE trading floor.
Beximco Pharma was the day’s top turnover leader with shares worth BDT 210.48 million changing hands followed by Lafarge Surma Cement, Square Pharma, Olympic Accessories and Saif Powertec.
Hakkani Pulp and Papers was the day’s top gainer, posting a rise of 9.83 percent while Samata Leather was the worst loser, shedding 6.86 percent.
The port city bourse Chittagong Stock Exchange (CSE) also ended higher after six day with its Selective Categories Index – CSCX – gained 66.07 points to close at 8,415.90 points.
Gainers beat losers 117 to 82, with 42 issues remaining unchanged at the port city bourse that traded 9.05 million shares and mutual fund units, turnover of BDT 473 million.
BBN/BB/AI