Dhaka, Bangladesh (BBN)–Bangladesh’s stocks returned to green on Tuesday after two sessions’ marginal correction as investors went for buying spree on large-cap stocks.
The market opened with an upward note and the upturn sustained throughout the session.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 21.89 points or 0.45 percent to settle at
The DS30 index, comprising blue chips, advanced 9.89 points or 0.52 percent to finish at 1,879.15. The DSE Shariah Index (DSES) rose 6.37 points or 0.54 percent to close at 1,189.05.
Turnover improved to BDT 7.20 billion on the main bourse, which was 11 percent higher than the previous day’s BDT 6.48 billion.
The gainers took a modest lead over the losers as out of 318 issues traded, 186 closed higher, 103 lower and 29 remained unchanged on the DSE trading floor.
Square Pharma was the day’s top turnover leader with shares of BDT 359 million changing hands followed by Lafarge Surma Cement, United Power, Beximco and KPCL.
Standard Ceramics was the day’s best performer, posting a rise of 10 percent while Savar Refractories was the day’s worst loser, plunging by 6.73 percent.
The port city bourse Chittagong Stock Exchange (CSE) also closed higher with its Selective Categories Index – CSCX – rose 60.44 points to close at 8,967.17.
Gainers beat losers 152 to 84, with 24 issues remained on the port city bourse that traded 15.73 million shares and mutual fund units with a value of BDT 549 million.