Stocks returned to green Thursday, after one-day break, backed by largest market cap company Grameenphone.
GP, the country’s largest market-cap listed company’s share price closed at Tk 510.70, which is the highest closing price since its listing with the capital market in 2009.
The lone listed mobile phone company’s share price traded between Tk 503 and Tk 512, before closing at Tk 510.70, advancing 0.95 per cent over the previous day.
“The positive earnings disclosures some of the listed companies also encouraged some investors to take position on selective issues,” said a stockbroker.
Another stockbroker said despite the market edged up, upcoming monetary policy statement kept many investors watchful, taking the turnover below Tk 5.0 billion-mark for the second day.
The Bangladesh Bank (BB) is scheduled to unveil the monetary policy statement for the January-June period of the current fiscal year on January 29.
After witnessing volatility in the first hour of trading, rest of the session stayed positive trend amid modest volatility, finally ended more than 15 points higher.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 15.12 points or 0.24 per cent to settle at 6,216.
Two other indices also inched up. The DS30 index, comprising blue chips, advanced 0.74 points or 0.03 per cent to finish at 2,304. The DSE Shariah Index (DSES) also advanced 0.40 points or 0.03 per cent to settle at 1,431.
Trading activities came down to Tk 4.24 billion, which was 2.83 per cent lower than the previous day’s turnover of Tk 4.24 billion.
Of the 334 issues traded, 117 closed lower, 161 higher and 56 issues remained unchanged on the DSE trading floor.
Grameenphone topped the day’s turnover chart with shares worth Tk 279 million changing hands, closely followed by Square Pharmaceuticals, National Bank, BD Finance and Appollo Ispat.
Usmania Glass was the day’s best performer, posting a gain of 5.09 per cent while Appollo Ispat was the day’s worst loser, plunging by 6.83 per cent.
The port city bourse Chittagong Stock Exchange (CSE) also edged higher with CSE All Share Price Index – CAPSI – advancing 10.85 points to finish at 19,161.
The Selective Categories Index - CSCX – also gained 8.14 points to settle at 11,571.
Losers beat gainers as 114 issues closed lower, 88 higher and 27 issues remained unchanged on the CSE.
The port city bourse traded 13.80 million shares and mutual fund units worth more than Tk 362 million in turnover.
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