Dhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to the green with marginal gain on Thursday after last two sessions’ tumbling trend.
The Dhaka Stock Exchange’s key index gained 1.17 points while Chittagong Stock Exchange’s selective category index obtained 4.54 points in the last hour as investors went for late hour buying spree.
Bangladesh’s two bourses – DSE and CSE – started the day with a downbeat note, but late hour buying on large-cap stocks helped the market to return to the green.
DHAKA STOCK EXCHANGE:
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 1.70 points or 0.03 percent to close at 4,760.14.
However, two other indices closed in the red.
The DS30 index, comprising blue chips, lost 1.18 points or 0.06 percent to finish at 1,814.59.
The DSE Shariah Index (DSES) shed 0.24 points or 0.02 percent to settle at 1,167.66.
Turnover on DSE turnover stood at BDT 4.48 billion, which was 8.0 percent higher than the previous session’s BDT 4.15 billion.
The gainers took a modest lead over the losers as out of issues traded 320 issues traded, 156 closed lower, 117 higher and 47 remained unchanged on the DSE trading floor.
Bangladesh Steels Re-rolling Mills dominated the day’s turnover chart with shares of BDT 219 million changing hands followed by Square Pharma, ACI, Lafarge Surma Cement and Aman Feed.
ICB Employees Provident MF 1: Scheme 1 was the day’s best performer, posting a rise of 9.67 percent while Apex Tannery was the day’s worst loser, plunging by 4.28 percent.
CHITTAGONG STOCK EXCHANGE:
The port city bourse Chittagong Stock Exchange (CSE) also closed green with its Selective Categories Index – CSCX – gained 4.54 points to end at 8,869.87.
Losers beat gainers 118 to 98, with 42 issues remained unchanged on the port city bourse that traded 8.85 million shares and mutual fund units with a value of Tk 310 million.
BBN/AI/SS