Dhaka, Bangladesh (BBN)-Bangladesh’s stocks edged higher on Thursday, breaking a week-long downturn, with turnover continued to decline.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh, and Chittagong Stock Exchange, the port city bourse of the country, showed upward trend.
Key index of Dhaka Stock Exchange earned 6.90 points while the selective category index of Chittagong Stock Exchange lost 5.71 points at the closing.
DHAKA STOCK EXCHANGE:
After witnessing volatility throughout the session, the prime index of the Dhaka Stock Exchange (DSE) settled the week at 4,520.87, advancing 6.90 points or 0.15 per cent.
The DS30 index, comprising blue chips, advanced 2.64 points or 0.15 per cent to finish at 1,719.74.
However, the DSE Shariah Index (DSES) shed a fractional of 0.12 points or 0.01 per cent to close at 1,090.59.
However, trading activities continued to remain low as the DSE turnover stood at BDT 2.86 billion, which was 11.72 percent lower than the previous session’s BDT 3.24 billion.
The gainers took a modest lead over the losers as out of 319 traded issues, 140 closed higher, 131 lower and 48 remained unchanged on the DSE trading floor.
Beximco Pharma dominated the turnover chart for the third running sessions with share worth BDT 193 million changing hands followed by Quasem Drycells, Square Pharma, Lafarge Surma Cement and Regent Textile.
Apex Spinning was the day’s best performer, posting a rise of 9.93 per cent while Tallu Spinning was the day’s worst loser, plunging by 14.72 per cent.
CHITTAGONG STOCK EXCHANGE:
However, the port city bourse Chittagong Stock Exchange (CSE) remained in the red with its Selective Categories Index- CSCX- losing 5.71 points to end at 8,400.93.
Losers beat gainers 109 to 92, with 38 issues remaining unchanged on the port city bourse that traded 7.01 million shares and mutual fund units with a value of BDT 215 million.
BBN/SK/AD