Dhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to green on Sunday, after previous session’s big fall, as investors went for buying spree amid budgetary expectations.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 42.24 points or 0.93 percent to end at 4,586.95 points.
The two other indices also closed higher. The DS30 index, comprising blue chips, moved up by 26.57 points or 1.53 percent to end at 1,758.02 points. The DSE Shariah index – DSES—rose 13.36 points or 1.22 percent to close at 1,112.79 points.
Total turnover on the DSE stood at BDT 7.88 billion, registering a decline of 8.26 percent over the previous session’s seven and a half months high of BDT 8.59 billion.
The number of losers and gainers were same with 133 while 43 issues remained unchanged on the DSE trading floor.
Beximco Limited was the day’s top turnover leader, with shares of BDT 424.54 million changing hands followed by RAK Ceramics, ACI Formulations, United Power and SPPCL.
Summit Power was the day’s best performer, posting a rise of 10 percent while ICB First NRB Mutual Fund was the worst loser, plunging by 8.12 percent.
The port city bourse Chittagong Stock Exchange (CSE) also ended higher after previous day’s fall with its Selective Categories Index – CSCX – gained 75.43 points to close at 8,658.52 points.
Losers beat gainers 112 to 106, with 24 issues remaining unchanged on the port city bourse that traded 19.13 million shares and mutual fund units worth BDT 943.51 million in turnover.