Dhaka, Bangladesh (BBN)-Bangladesh’s stocks saw sharp rise on Tuesday after witnessing marginal gains in the last five trading sessions as investors went for buying spree on large-cap stocks amid optimism.
The market opened with an upward trend in the morning which sustained till the market closure despite political worries.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 74.12 points or 1.57 percent to close at 4,786.69 points.
The two other indices also saw sharp gain.
The DS30 index, comprising blue chips gained 38.53 points or 2.20 percent to close at 1,788.21 points.
The DSE Shariah Index (DSES) soared 20.24 points or 1.80 percent to close at 1,140.71 points.
Turnover on DSE improved to BDT 2.99 billion, registering an increase of 11.56 percent over the over the previous session’s value of BDT 2.68 billion.
The gainers took a modest lead over the losers out of 307 issues traded, 244 advanced, 37 declined and 26 remained unchanged on the DSE floor.
MJL BD was the most traded stock with shares worth BDT 142.62 million changing hands followed by IFAD Autos, Lafarge Surma Cement, Square Pharma and GP.
Beximco Limited was the day’s top gainer, posting a rise of 10.06 percent while Phoenix First Mutual Fund was the day’s worst loser, plunging 7.54 percent.
The port city bourse, Chittagong Stock Exchange (CSE), also saw steep rise with its Selective Categories Index – CSCX – gained 140.29 points to close at 8,884.27 points.
Gainers beat losers 188 to 34, with 17 issues remaining unchanged at the port city bourse that traded 8.50 million shares and mutual fund units, turnover value of BDT 261.00 million.
BBN/BB/AS-10Feb15-3:20pm (BST)
Sunday, April 21, 2024
