Business Desk :
Country’s both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) bounced back on Wednesday after two days break.
The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 38.95 points, or 0.71 per cent, to close at 5,461.34. Besides, two selective indices, Blue Chip index, DSE30 and Shariah index, DSES also went up by 19.88 points and 3,58 points to settle at 2,112.36 points and 1,249.04 points respectively.
Turnover, an important indicator of the stock market, surged 14 per cent to Tk 940 crore.
The confidence level of investors has risen so they are investing funds here again, said market analysts.
The low bank interest rate on deposit is one of the reasons for investors’ higher participation, they observed.
At the DSE, 170 stocks rose, 109 declined and 71 remained unchanged.
Associated Oxygen Ltd topped the gainers’ list that rose 9.93 per cent followed by City General Insurance, Shinepukur Ceramics, Mercantile Insurance and Global Insurance.
Stocks of Beximco Ltd traded the most with shares Tk 89 crore worth changing hands followed by LafargeHolcim Bangladesh, British American Tobacco, Beximco Pharmaceuticals and LankaBangla Finance.
The top five losers were Farest Finance, CAN Tex, Zeal Bangla, Keya Cosmetic and Zahin Textile.
On the other hand, port city bourse, Chittagong Stock Exchange (CSE) also returned to gaining trend from the bearish streak of the previous two sessions.
CSCX and CASPI rose by 78.58 points and 128.13 points to stand at 9,526.89 points and 15,790.65 points respectively.
