Dhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to the green on Thursday after previous session’s sharp decline as investors went for buying spree on lucrative stocks amid ongoing political gridlock.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 20.99 points or 0.44 percent to close at 4,763.22 points.
The two other indices also saw positive trend.
The DS30 index, comprising blue chips gained 2.40 points or 0.13 percent to close at 1,772.41 points.
The DSE Shariah Index (DSES) advanced 4.11 points or 0.36 percent to close at 1,130.91 points.
Turnover on DSE came down below BDT 3.0 billion mark and amounted to BDT 2.96 billion, registering a decline of 13.45 percent over the over the previous session’s value of BDT 3.42 billion.
The gainers took a modest lead over the losers as out of 305 issues traded, 147 advanced, 109 declined and 49 remained unchanged on the DSE floor.
Shajibazar Power Company was the most traded stock with shares worth BDT 130.89 million changing hands followed by IDLC Finance, UCBL, ACI and Lafarge Surma Cement.
The port city bourse, Chittagong Stock Exchange (CSE), also closed marginally higher with its Selective Categories Index - CSCX - gained 36.40 points to close at 8,854.42 points.
Losers beat gainers 107 to 81, with 44 issues remaining unchanged at the port city bourse that traded 5.82 million shares and mutual fund units, turnover value of BDT 231.42 million.
BBN/BB/AD-26Feb15-3:40pm (BST)