BSS, Dhaka :
Stock market opened higher on Tuesday and maintained the positive vibe for the rest of the trading session to take back the price indices to positive zone.
Investors at the Dhaka Stock Exchange (DSE) seemingly ran for shares of multinational companies (MNCs) on expectation of higher dividend. The average price increase in MNCs was over 3.0 percent.
Some investors were also actively buying shares of newly listed companies, which resulted in price rise in the Shurwid by 11.2 percent, KPPL by 9.9 percent and FEKDIL by 7.6 percent.
A good number of large-cap scrips also showed upward trend after consolidating in the past few trading sessions. As a result, DSE major price index DSEX returned to the positive territory, easing up from the loss of the past two trading sessions.
The blue-chip DS30 and Shariah compliance DSES also recovered to green zone with significant rise.
DSEX gained 38.43 points to close at 4647.43 when the DS30 rose to 1763.14 by 25.01 points gain and the DSES to 1091.14 with 15.18 points increase.
Market activities increased on the positive expectation, rising share prices of 151 issues when 107 incurred loss as their profit-booking selling continued.
The day’s turnover in volume declined slightly to 11.14 crore shares due to cautious trading, but trade value increased to Taka 522.45 crore on voluminous transaction of large-cap shares.
