Bangladesh’s stocks return to green

Last updated: September 1, 2014


Dhaka, Bangladesh (BBN)-Bangladesh’s stocks closed slightly higher on Monday after two sessions fall as investors took position on some selected stocks amid cautious stance.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), ended at 4,554.97 points, gaining 5.45 points or 0.11 percent amid choppy trading.
The DS30, comprising blue chips gained 8.85 points or 0.51 percent to close at 1,722.68 points.
The DSE Shariah Index went up by 7.54 points or 0.71 percent to close at 1,064.91 points.
DSE turnover stood at BDT 5.01 billion which was 1.42 percent higher over the previous session’s value of BDT 4.94 billion.
Out of 288 issues traded, 129 advanced, 122 declined and 37 remained unchanged on the DSE floor.
GP was the day’s most traded stocks with shares worth BDT 350.20 million changing hands followed by newly listed Tung Hai Knitting, Beximco, Summit Power and Beximco Pharma.
The new issue - Tung Hai Knitting & Dyeing - was the day’s highest gainer, posting a rise of 178 percent while FAR Chemical was the day’s worst loser, slumping by 8.71 percent.
The port city bourse, Chittagong Stock Exchange (CSE), also closed positive with its Selective Categories Index – CSCX – gained 12.81 points to close at 8,596.83 points.
Losers beat gainers 105 to 69, with 34 issues remaining unchanged at the port city bourse that traded 11.88 million shares and mutual fund units, turnover value of BDT 396.75 million.
BBN/BB/AD-3:30pm (BST)

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