Dhaka, Bangladesh (BBN)– Bangladesh’s stocks ended marginally for the second straight session on Sunday as investors showed their appetite on banking sector shares.
At the end of the session, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 7.26 points or 0.14 per cent to settle at 4,975.
The DSE Shariah Index also gained 1.01 points to close at 1,149.
However, the DS30 index, comprising blue chips, saw a fractional loss of 0.98 point to finish at 1,767.
Banking stocks like BRAC Bank, Eastern Bank, Al-Arafah Islami Bank, Mutual Trust Bank, Trust Bank and Square Pharma jacked the index up, according to experts.
Despite witnessing profit booking, last hour buying pressure on large scrip’s like Square Pharma, BRAC Bank, Bangladesh Submarine Cable led the upward movement of index, they added.
Turnover, a crucial indicator of the market, also fell to BDT 3.84 billion, which was 6.80 per cent lower than the previous day’s BDT 4.12 billion.
The heavyweight banking sector posted the highest gain of 1.10 per cent with prices of 23 banks closed higher out of 30 listed banks.
On the other hand, the Chittagong Stock Exchange, also ended marginally higher with its All Shares Price Index (CAPSI) — CASPI—gaining 25 points to close at 15,109 and the Selective Categories Index – CSCX –advancing 15 points to finish at 9,177.