Dhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to green on Monday, after remaining down in the past two consecutive sessions as optimistic investors went on buying spree on large-cap stocks.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh, and Chittagong Stock Exchange, the port city bourse of the country, opened with a positive note and hold the upbeat note sustain till end of the session.
The key index of Dhaka Stock Exchange (DSE) advanced 11.86 points, while the port city bourse, selective category index of Chittagong Stock Exchange (CSE) earned 20.99 points at the closing.
The benchmark index of the Dhaka Stock Exchange (DSE) went up by 11.86 points or 0.26 per cent to settle at 4,442.15 points.
The DS30 index, comprising blue chips advanced 2.96 points or 0.17 per cent to finish at 1,691.59 points.
The DSE Shariah Index (DSES) also closed in green with gaining 0.46 point or 0.04 per cent to close at 1,079.16 points.
DSE turnover also crossed BDT 4.0 billion-mark and amounted to BDT 4.31 billion, which was 26.40 per cent higher than the previous day’s BDT 3.41 billion.
The gainers took a modest lead over the losers as out of 317 issues traded, 151 closed higher, 108 lower and 58 remained unchanged on the DSE trading floor.
Keya Cosmetics dominated the turnover chart for the second straight day with shares worth over BDT 221 million changing hands followed by Beximco Pharma, Emerald Oil, BSRM and Square Pharma.
Tung Hai Knitting was the day’s best performer, posting a rise of 8.93 per cent while Prime Life Insurance was the worst loser, slumping by 5.30 per cent.
The port city bourse Chittagong Stock Exchange (CSE) also ended higher with its Selective Categories Index, CSCX, advancing 20.99 points to finish at 8,306.95 points.
Gainers beat losers as 113 issues closed higher, 77 closed lower and 40 remained unchanged on the CSE.
The port city bourse traded 9.49 million shares and mutual fund units worth BDT 246 million in turnover.