Dhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to the green on Thursday with falling turnover as the investors followed cautious stance.
Key index of Dhaka Stock Exchange gains 4.88 points and selective index of Chittagong Stock Exchange rises 12.84 points with falling turnover as the investors followed cautious stance
DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 4,856.96, gaining 4.88 points or 0.17 percent, after witnessing volatility.
The DS30 index, comprising blue chips, gained 3.30 points or 0.17 percent to finish at 1,851.27. The DSE Shariah Index (DSES) rose 1.24 points or 0.10 percent to end at 1,182.13.
Turnover dropped to BDT 4.24 billion, which was 14.34 percent lower than the previous session’s BDT 4.95 billion.
The gainers took a modest lead over the losers as out of issues traded 320 issues traded, 150 closed higher, 128 lower and 42 remained unchanged on the DSE trading floor.
FAR Chemicals dominated the day’s turnover chart with shares of BDT 376 million changing hands followed by Saif Powertec, Summit Alliance Port, Appollo Ispat and DESCO.
AIBL First Mutual Fund was the day’s best performer, posting a rise of 10 percent while ICB Fourth Mutual Fund was the day’s worst loser, plunging by 3.96 percent.
The port city bourse Chittagong Stock Exchange also closed slightly higher with its Selective Categories Index – CSCX – gained 12.84 points to end at 9,048.
Losers, however, beat gainers 114 to 108, with 25 issues remained unchanged on the port city bourse that traded 8.68 million shares and mutual fund units with a value of BDT 265 million.