Dhaka, Bangladesh (BBN)–Bangladesh’s stocks turned to the green on Tuesday, after previous session’s steep fall, with turnover remained low, as opportunist investors took position on lucrative stocks.
The market opened with a positive note which continued till close the session.
DSEX, the prime index of the DSE, went up by 54.63 points or 1.37 percent to close slightly above the 4,000-mark to 4,014.37 points.
The two other indices also ended in positive.
The DS30 index, comprising blue chips gained 16.46 points or 1.09 percent to close at 1,522.16 points.
The DSE Shariah Index (DSES) advanced 14.48 points or 1.48 percent to close at 987.93 points.
The total turnover on DSE, however came down to BDT 3.27 billon, which was 0.90 percent lower compared to previous session’s value of BDT 3.30 billion.
The gainers took a strong lead over the losers as out of 311 issues traded, 214 advanced, 70 declined and 27 remained unchanged on the DSE floor.
United Power Generation and Distribution Company dominated the top turnover chart with shares worth BDT 339.45 million changing hands followed by ACI Formulations, ACI, IFAD Autos and MJL BD.
Saif Powertec was the day’s top gainer, posting a rise of 9.95 percent while Pioneer Insurance was the day’s worst loser, plunging by 23.18 percent following its price adjustment after record date.
The port city bourse, Chittagong Stock Exchange (CSE), also closed higher with its Selective Categories Index – CSCX – gained 77.13 points to close at 7,510.95 points.
Gainers beat losers 148 to 52, with 21 issues remaining unchanged at the port city bourse that traded 6.74 million shares and mutual fund units, turnover value of BDT 254 million.