Business Desk :
Stocks edged higher on Thursday with the turnover hitting a six-week high on the prime bourse as institutional investors put fresh funds in stocks.
The turnover at the Dhaka Stock Exchange (DSE) crossed Tk 1,000 crore on the day after a break of ten trading days amid a mix trend of investment in the premier bourse.
DSEX, the core index of the Dhaka Stock Exchange, went up by 4.07 points or 0.06 per cent to settle at 6,757, after losing over 11 points the previous day.
At the Dhaka bourse, 134 stocks advanced, 183 declined, and 62 remained unchanged.
Turnover, another important indicator of the bourse, hit Tk 1,116 crore, which is 39 per cent higher than the previous day’s Tk 801 crore.
JMI Hospital Requisite Manufacturing topped the gainers’ list on its debut trading today that rose 10 per cent followed by Yeakin Polymer, IPDC Finance, Meghna Condensed Milk, and Taufika Foods and Lovello Ice-cream.
Runner Automobiles shed the most that dropped 1.93 per cent, followed by Samata Leather, Dragon Sweater and Spinning, Provati Insurance, and Stylecraft ltd.
However, the Chittagong Stock Exchange (CSE) edged lower with the CSE All Share Price Index – CASPI -losing 26 points to settle at 19,748 and the Selective Categories Index – CSCX – shedding 15 points to close at 11,847.
Of the issues traded, 169 declined, 98 advanced and issues remained unchanged on the CSE. The port city’s bourse traded 26.08 million shares and mutual fund units with turnover value worth Tk 615 million
Among the traded 309 stocks, 98 rose, 169 fell and 42 remained the same.
Market operators said some optimistic investors put fresh funds on stocks as the securities regulator is trying to boost market liquidity through collaboration with market intermediaries.
Losers took a modest lead over the gainers as out of 379 issues traded, 183 declined, 134 advanced and 62 issues remained unchanged on the DSE trading floor.
