Dhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to the green zone on Thursday after remaining down in the three consecutive sessions as optimistic investors took position on lucrative stocks.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh, and Chittagong Stock Exchange, the port city bourse of the country, experienced upward trend.
The key index of Dhaka Stock Exchange (DSE) gained 5.74 points and the port city bourse Chittagong Stock Exchange (CSE) earned 17.36 points.
The prime index of the Dhaka Stock Exchange (DSE) went up by 5.74 points or 0.12 per cent to close at 4,573.75 points, after witnessing volatility throughout the session.
The DS30 index, comprising blue chips, gained 1.69 points or 0.09 per cent to end at 1,729.64.
The DSE Shariah Index (DSES) advanced 2.67 points or 0.24 per cent to finish at 1,101.15.
Turnover on the DSE, however, dropped to BDT 3.48 billion, which was 10.07 per cent lower than the previous day’s turnover of BDT 3.87 billion.
The gainers took a modest lead over the losers as out of 313 traded issues, 136 closed higher, 129 lower and 48 remained unchanged on the DSE trading floor.
Al-Arafa Islami Bank was the day’s top turnover chart with shares of BDT 175 million changing hands followed by Quasem Drycells, Saif Powertec, IFAD Autos and Square Pharma.
ICB First NRB Mutual Fund was the day’s best performer, posting a rise of 17.4 per cent while Janata Insurance was the day’s worst loser, plunging 13.3 per cent.
The port city bourse Chittagong Stock Exchange (CSE) also returned to the green with its Selective Categories Index – CSCX –gaining 17.36 points to end at 8,508.74 points.
Losers beat gainers 1233 to 83, with 26 issues remaining unchanged on the port city bourse that traded 10.21 million shares and mutual fund units with a value of BDT319 million.