The prices of more than 90% of traded issues closed higher, as out of 376 issues traded, 340 closed higher, 22 ended lower and 14 issues remained unchanged on the DSE trading floor
The country’s both bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE), on Tuesday, bounced back after two days break as institutional investors came up with buying lucrative shares.
At the end of the session, DSEX, the benchmark index of the DSE, recovered from the previous day's big losses as the index soared 120.48 points or 1.75% to settle at 7,005.78. The DS30 index, comprising blue chips, rose 17.10 points to finish at 2,661.65 and the DSES (Shariah) index advanced 16.86 points to close at 1,482.46.
Turnover, another important indicator of the market, however, dropped to Tk1,386 crore on the prime bourse, which was 5.71% lower than the previous day's tally of Tk1,470 crore.
The prices of more than 90% of traded issues closed higher, as out of 376 issues traded, 340 closed higher, 22 ended lower and 14 issues remained unchanged on the DSE trading floor.
Beximco returned to the day's top turnover list with shares worth Tk86.7 crore changing hands, closely followed by Delta Life Insurance (Tk78.4 crore), NRB Commercial Bank (Tk75.7 crore), Orion Pharma (Tk70.5 crore) and Fortune Shoes (Tk 56.1 crore).
KDS Accessories was the day's best performer, posting a gain of 10.18% while Grameenphone was the day's worst loser, shedding 1.65%.
The port city bourse CSE also rebounded strongly with the CSE All Share Price Index - CASPI - soaring 274.32 points to settle at 20,444.08 points and Selective Categories Index - CSCX - advancing 159.55 points to finish at 12,283.18 points.
In Dhaka too, the gainers beat the losers as 245 issues closed higher, 33 ended lower and 22 remained unchanged.
The port city bourse traded 13.75 million shares and mutual fund units worth nearly Tk 418 million in turnover.