Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed a positive week after seeing red in the last five consecutive weeks that ended on Thursday with significant improvement in turnover as investors went for buying spree, riding on multinational companies.
 
The week featured all five trading sessions. Among them, the market closed negative first trading session while last four sessions saw hefty gains.
 
Week-on-week, the prime index of Dhaka Stock Exchange (DSEX) went up by 113.17 points or 2.51 per cent to close the week at 4,621.23 points.
 
The other two indices witnessed sharp gains. The DS30, comprising blue chips gained 61.80 points or 3.84 per cent to close at 1,670.15 points. The DSE Shariah Index (DSES) went up by 26.84 points or 2.73 per cent to close at 1,008.47 points.
 
The port city bourse — the Chittagong Stock Exchange (CSE) also went up after fifth week with its Selective Categories Index – CSCX gained 186.04 points or 2.12 per cent to close the week at 8,959.05 points.
 
The total turnover at DSE amounted to BDT 18.98 billion last week, going up by 66.13 per cent over the previous week’s total turnover of BDT 11.42 billion as this week saw one more trading session.
 
The average daily turnover of the week stood at BDT 3.79 billion in this week, registering 33 per cent increase over the previous week’s average of BDT 2.85 billion.
 
The gainers took a modest lead over the losers as out of 301 issues traded during the week, 152 advanced, 133 declined and 16 issues remained unchanged on the DSE floor.
 
Lafarge Surma Cement dominated the week’s top turnover chart with shares worth Tk 1.27 billion changing hands during the week followed by Padma Oil, GP, Square Pharma and Bangladesh Shipping Corporation.
 
BATBC was the week’s top gainer, posting a rise of 19.71 per cent while Pioneer Insurance was the week’s worst loser, slumping by 17.94 per cent.
 
BBN/SSR/BB-04Apr14-6:57 pm (BST)