Dhaka, Bangladesh (BBN)-Bangladesh’s stocks closed higher on Thursday as investors went on buying spree despite countrywide shutdown enforced by the Jamaat-e-Islami.
The market opened higher in the morning and the upward trend sustain till end of the session.
Both the Dhaka Stock Exchange, the prime bourse of Bangladesh, and Chittagong Stock Exchange, the port city bourse of the country, closed higher on Thursday.
The key index of Dhaka Stock Exchange earned 34.96 points while the port city bourse of Chittagong Stock Exchange gained 66.53 points.
DHAKA STOCK EXCHANGE:
The prime index of the Dhaka Stock Exchange (DSE) crossed the 4,500-mark and settled at 4,531.62, gaining 34.94 points or 0.78 per cent.
The DS30 index, comprising blue chips, rose 14.72 points or 0.86 per cent to end at 1,721.06.
The DSE Shariah Index (DSES) advanced 9.53 points or 0.88 per cent to finish at 1,091.51.
DSE turnover also improved to BDT 4.03 billion, which was 16.13 per cent higher than the previous day’s BDT 3.47 billion.
The gainers took a strong lead over the losers as out of 303 traded issues, 200 closed higher, 60 lower and 43 remained unchanged on the DSE trading floor.
IFAD Autos was the day’s top turnover chart with shares of BDT 232 million changing hands followed by Beximco Pharma, Olympic Industries, Titas Gas Gas and Saif Powertec.
The Peninsula Chittagong was the day’s best performer, posting a rise of 10 per cent while Fu-Wang Ceramic was the day’s worst loser, plunging 7.20 percent.
CHITTAGONG STOCK EXCHANGE:
The port city bourse Chittagong Stock Exchange (CSE) ended higher with its Selective Categories Index- CSCX- gaining 66.53points to end at 8,416.69.
Gainers beat losers 157 to 44, with 29 issues remaining unchanged on the port city bourse that traded 8.72 million shares and mutual fund units with a value of BDT 266 million.
BBN/SK/AD