Dhaka, Bangladesh (BBN) – DSEX, the key index of the Dhaka Stock Exchange, crossed the 6,000-mark on Thursday for the first time since its introduction in January of 2013.
Brokers said the market maintained the upward trend as investors continued their buying appetite, especially banking issues, taking the DSEX above 6,000-mark for the first time.
Meanwhile, Thursday’s trading was the last session before the beginning of Eid-ul-Azha vacation.
Trading and official activities on the both bourses of Bangladesh will remain closed from September 1 to September 3 in line with the government holidays.
The market will resume from September 4.
The market started with an upward note and the DSEX moved notably higher straight above 6,000-mark in early trading and most of the stocks traded positive throughout the session.
DHAKA STOCK EXCHANGE:
Finally, DSEX, the core index of the Dhaka Stock Exchange (DSE), settled at more than 6,006 points, after gaining 32.48 points or 0.54 percent.
The market activities also rose with total turnover on DSE amounting to BDT 8.53 billion, which was 6.10 percent higher than the previous day’s BDT 8.04 billion.
The gainers took a modest lead over the losers as out of 328 issues traded, 167 closed higher, 124 lower and 37 remained unchanged on the DSE trading floor.
LankaBangla Finance topped the day’s turnover chart with shares of BDT 537 million changing hands, followed by Fortune Shoes BDT 325 million, Exim Bank BDT 277 million, National Bank BDT 266 million and IFIC Bank BDT 242 million.
Monno Ceramic Industries was the day’s best performer, posting a gain of 9.98 percent while Fine Foods was the day’s worst loser, plunging 5.98 percent.
CHITTAGONG STOCK EXCHANGE:
The port city bourse Chittagong Stock Exchange (CSE) also closed higher with its Selective Categories Index – CSCX – gaining 43 points to close at 11,242 points.
Gainers beat losers 108 to 102, with 35 issues remaining unchanged on the port city bourse that traded 25.63 million shares and mutual fund units, generating a turnover of BDT 642 million.