Dhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to green on Monday after previous day’s sharp fall as investors went on late hours buying spree.
The market opened with a downturn, maintaining the previous session negative note, but late hours buying on heavyweight stocks, helded the market to close marginally higher.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 4,831.59, gaining 16.98 points or 0.35 per cent.
The DS30 index, comprising blue chips, gained 5.56 points or 0.30 per cent to finish at 1,840.17.
The DSE Shariah Index (DSES) advanced 0.79 points or 0.06 percent to end at 1,170.91.
Turnover improved to BDT 3.84 billion, which was 14.28 percent higher than the previous session’s three and a half months lowest turnover of BDT 3.36 billion.
The losers, however, took a modest lead over the gainers as out of 318 issues traded, 148 closed lower, 126 higher and 44 remained unchanged on the DSE trading floor.
Beximco Pharma dominated the day’s turnover chart with shares of BDT 252 million changing hands followed by Brac Bank of Tk 160 million, GP of Tk 149 million, Square Pharma of BDT 106 milliobn and Far Chemical Industries of Tk 99 million changed hands.
ICB First NRB Mutual Fund was the day’s best performer, posting a rise of 8.04 percent while Exaim Bank First Mutual Fund was the day’s worst loser, plunging by 7.14 percent.
The port city bourse Chittagong Stock Exchange also returned to green with its Selective Categories Index – CSCX – gaining 32.96 points to end at 9,016.78.
Losers beat gainers 108 to 93, with 27 issues remained unchanged on the port city bourse that traded 6.94 million shares and mutual fund units with a value of Tk 228 million.