Dhaka, Bangladesh (BBN) – Bangladesh’s stocks closed higher of the first trading session of the New Year on Thursday as investors went for buying spree following the securities regulators’ positive steps to boost stock market.
The market opened with a sharp rise which sustained throughout the session. DSEX, the prime index of the Dhaka Stock Exchange (DSE) crossed the 4,900-mark and ended at 4,941.51 points, gaining 76.55 points or 1.57 percent.
The DS30, comprising blue chips gained 40.12 points or 2.22 percent to close at 1,843.18 points. The DSE Shariah Index rose 23.79 points or 2.06 percent to close at 1,174.01 points.
Turnover, however, dropped to BDT 2.27 billion, registering a decline of 14.34 pe cent over the previous session’s value of BDT 2.65 billion.
The gainers took a lead over the losers as out of 308 issues traded, 226 advanced, 58 declined and 24 remained unchanged on the DSE floor.
Lafarge Surma Cement was the most traded stock with shares worth BDT 159.12 million changing hands followed by MJL BD, Agni Systems, Beximco Pharma and CVO Petrochemicals.
Prime Life Insurance was the day’s top gainer, posting a rise of 8.00 percent while Dula Mia Cotton was the day’s worst loser, plunging 6.49 percent.
The port city bourse, Chittagong Stock Exchange (CSE) also closed higher with its Selective Categories Index – CSCX – gained 116.05 points to close at 9,174.40 points.
Gainers beat losers 173 to 47, with 16 issues remaining unchanged at the port city bourse that traded 6.20 million shares and mutual fund units, turnover value of BDT 211.74 million.
BBN/SSR/AD-01Jan15-5:00 pm (BST)
