Dhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to green zone on Tuesday amid choppy trading, after remaining down in the previous session, as investors went on late hour buying spree.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh, and Chittagong Stock Exchange, the port city bourse of the country, opened with a negative note.
However last hour buying binge helped the market to close in green territory.
The key index of Dhaka Stock Exchange (DSE) gained 9.24 points and the Selective Category Index of port city bourse Chittagong Stock Exchange (CSE) earned 19.38 points at the closing.
DHAKA STOCK EXCHANGE:
The benchmark index of the Dhaka Stock Exchange (DSE) settled at 4,570.01 points, after advancing 9.24 points or 0.20 per cent.
The DS30 index, comprising blue chips, gained 6.38 points or 0.36 per cent to end at 1,748.31 points.
The DSE Shariah Index (DSES) rose 2.12 points or 0.19 per cent to finish at 1,112.02 points.
Turnover activities however came down to BDT 3.36 billion, which was 1.18 per cent lower than the previous session’s BDT 3.40 billion.
The gainers took a modest lead over the losers as out of 326 traded issues, 168 closed higher, 107 lower and 51 remained unchanged on the DSE trading floor.
City Bank Limited dominated the turnover chart with shares of BDT 158 million changing hands followed by CVO Petrochemicals Refinery, Beximco Pharma, Alltex Industries and IT Consultants.
Alltex Industries was the day’s best performer, posting a rise of 9.88 percent while Savar Refractories was the worst loser, plunging 9.52 per cent.
CHITTAGONG STOCK EXCHANGE:
The port city bourse Chittagong Stock Exchange (CSE) also returned to green territory with its Selective Categories Index- CSCX- advancing 19.38 points to end at 8,555.41 points.
Gainers beat losers 128 to 83, with 35 issues remaining unchanged on the port city bourse that traded 8.81 million shares and mutual fund units with a value of BDT 237 million.