Dhaka, Bangladesh (BBN)-Bangladesh’s stocks saw sharp gain on Sunday with turnover on the Dhaka Stock Exchange (DSE) hit a six-month high as investors went for buying spree on large cap stocks.
The prime index of the DSE – DSEX – also crossed the ‘psychological’ threshold of 4,500 points after three months and closed at 4,530.83 points, gaining 44.64 points or 0.99 percent.
The other two indices ended higher.
The DS30, comprising blue chips gained 26.00 points or 1.57 percent to close at 1,678.71 points.
The DSE Shariah Index soared 20.92 points or 2.03 percent to close at 1,047.20 points.
DSE turnover stood at BDT 7.63 billion which was 30 percent higher over the previous session value of BDT 5.88 billion.
It was also the highest turnover since BDT 7.70 billion on February 6, this year.
Out of 299 issues traded, 165 advanced, 100 declined and 34 remained unchanged on the DSE floor.
MJL BD was the most traded stock with shares worth BDT 678.12 million changing hands followed by Square Pharma, GP, Active Fine Chemicals and Beximco.
Shahjibazar p Power was the day’s highest gainer, posting a rise of 9.98 percent while ICB First NRB Mutual Fund was the day’s worst loser, slumping by 8.27 percent.
The port city bourse, Chittagong Stock Exchange (CSE) also closed higher with its Selective Categories Index – CSCX – gained 85.72 points to close at 8,578.14 points.
Gainers beat losers 113 to 88, with 27 issues remaining unchanged at the port city bourse that traded 14.10 million shares and mutual fund units, turnover value of BDT 785.32 million