Bangladesh’s stock markets closed higher on Monday as the early gains seen in the first hour of trading were sustained throughout the session, pushing key indices up by a satisfactory margin.
At the Dhaka Stock Exchange (DSE), the benchmark DSEX index advanced by 56 points by the end of the day.
The other two indices also posted gains, with the Shariah-based DSES rising 14 points and the blue-chip DS30 climbing 25 points.
Most listed companies ended in the green; share prices of 268 companies rose, while 72 declined and 54 remained unchanged.
The turnover at the DSE increased by more than Tk 100 crore. Total shares and units worth Tk 593 crore were traded during the session, compared to Tk 474 crore in the previous trading day.
In the block market, shares of 27 companies worth Tk 32 crore were traded. Grameenphone led the segment, accounting for the highest block trade with shares worth Tk 10 crore.
Khan Brothers PP Woven Bag Industries Limited topped the DSE gainers’ list, rising by nearly 10 percent, while Prime Finance & Investment Ltd fell by around 10 percent to become the day’s top loser.
Stocks advance at DSE, CSE in early trading
The Chittagong Stock Exchange (CSE) also ended on a positive note. Its overall index, CASPI, gained 111 points.
Of the traded issues, prices of 118 companies advanced, 36 declined and 26 remained unchanged.
The total turnover at the CSE stood at Tk 12 crore, up from Tk 7 crore in the previous session.
S Alam Cold Rolled Steels Limited emerged as the top gainer at the CSE with a 10 percent rise, while Alltex Industries Limited lost 10 percent to end at the bottom of the losers’ chart.