Bourses edge up on buying spree

Following the last session’s upward movement, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened and ended higher amid rising trading activities on Thursday, the last day before Eid holidays.

DSEX, the broad index of the DSE, went up by 43.22 points or 1.04 per cent to settle at 4214 during the four hours trading.

Among the two other indices, the DSE Shariah Index (DSES) rose 11.84 points to close at 977. The DS30 index, comprising blue chips, also witnessed a climb of 18.85 points to finish at 1421 points. 

Turnover, another important indicator of the market, stood at Taka 5.81 billion on the country’s prime bourse, Taka 1.81 billion up from that of the previous working day.

Of the 348 issues traded, 128 remained unchanged while 162 issues advanced and 58 declined on the DSE floor.

A total number of 121,017 trades were executed in the day’s trading session with a trading volume of 178.73 million shares and mutual fund units.

The top 10 gainers considering the closing price of the day were -- Agni Systems, Peoples Insurance, Pioneer Insurance, Eastern Insurance, United Insurance, Fu Wang Food, Active Fine Chemicals, Dragon Sweater and Spinning, Prime Textile Spinning Mills and Alif Industries.

The CSE also ended higher with its All Shares Price Index (CASPI)—gaining 82.25 points to close at 11957 and the Selective Categories Index – CSCX – rising 49.72 points to finish at 7250.

Of the 234 issues traded, 98 gained, 42 declined and 94 remained unchanged on the CSE.

5.3 million shares and mutual fund units were traded at the CSE with a turnover value of Taka 118.35 million.