Dhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to green zone on Tuesday, after remaining red in the previous three sessions as some investors remained cautious ahead of monetary policy announcement.
The Bangladesh Bank (BB) is set to unveil monetary policy statement on Thursday (January 14) for the second half (January-June) of the current fiscal year.
The market moved heavily between red and green throughout the session as intra-day volatility was around 32 points.
The key index of Dhaka Stock Exchange (DSE) edged 1.81 points while the port city bourse Chittagong Stock Exchange (CSE) advanced 19.65 points at the end of the session.
DHAKA STOCK EXCHANGE:
At the end of the session, the benchmark index of the Dhaka Stock Exchange, DSEX, edged 1.81 points or 0.03 per cent higher to settle at 4,665.43.
The DS30 index, comprising blue chips, advanced 0.14 point to finish at 1,757.07.
The DSE Shariah Index (DSES) gained 0.53 point or 0.04 per cent to end at 1,121.64.
DSE turnover improved to BDT 5.73 billion, which was 8.72 per cent higher than the previous session’s BDT 5.27 billion.
The gainers took a modest lead over the losers as out of 321 issues traded, 171 closed higher, 111 lower and 39 remained unchanged on the DSE trading floor.
United Power Generation & Distribution Company dominated the turnover chart for the five consecutive sessions with shares worth BDT 225 million changing hands followed by BD Thai Aluminium, Beximco Pharma, Far Chemicals and Bangladesh Building Systems.
Dacca Dyeing was the day’s best performer for the second running sessions, posting a rise of 10 per cent while Meghna Pet was the worst loser, plunging 5.36 per cent.
CHITTAGONG STOCK EXCHANGE:
The port city bourse Chittagong Stock Exchange (CSE) also closed in green with its Selective Categories Index, CSCX, advancing 19.65 points or 0.22 per cent to finish at 8,683.08.
Gainers beat losers as 125 issues advanced, 89 declined and 24 remained unchanged on the CSE.
The port city bourse traded 13.62 million shares and mutual fund units worth BDT 382 million in turnover.