Dhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to the green on Wednesday, after remaining down in the three consecutive sessions, as investors went for buying spree on lucrative stocks.
The market opened with a higher note, which sustained throughout session.
At the end of the session, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 39.36 points or 0.83 per cent to settle at 4,763.88.
The two other indices also closed higher. The DS30 index, comprising blue chips, gained 18.71 points or 1.03 per cent to finish at 1,825.00.
The DSE Shariah Index (DSES) rose 10.86 points or 0.93 per cent to end at 1,176.23.
However, total turnover declined to BDT 3.49 billion, which was 17 per cent lower than the previous day’s BDT 4.21 billion.
The gainers took a strong lead over the losers as out of issues traded 308 issues traded, 198 closed higher, 72 lower and 38 remained unchanged on the DSE trading floor.
Aman Feed, which made trading debut Tuesday, dominated the day’s turnover chart with shares of BDT 172.16 million changing hands followed by Square Pharma, Emerald Oil, Khan Brokers PP Woven and United Power.
BD Welding was the day’s best performer, posting a rise of 7.62 per cent while Anwar Galvanizing was the day’s worst loser, plunging by 13.13 per cent following its price adjustment after record date.
The port city bourse Chittagong Stock Exchange (CSE) also closed higher after three days with its Selective Categories Index – CSCX – gained 58.33 points to end at 8,886.10.
Gainers beat losers 160 to 59, with 23 issues remained unchanged on the port city bourse that traded 8.24 million shares and mutual fund units with a value of BDT 283 million.