Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) gained for the second consecutive day on Thursday as the investors took fresh stakes following the government's recent moves to restore investor confidence.
The DSEX, the prime index of the DSE, went up by 39.31 points or 0.74 per cent to settle at 5,355.33. The DSE 30 Index, comprising blue chips, and the DSE Shariah Index (DSES) also gained 14.20 points to finish at 1,986.41 and 4.57 points closing at 1,189.52.
Market analysts opined that the regulatory efforts to rebound investors' market sentiment and capital gain tax news boosted a section of investors' confidence to some extent.
The news that the Investment Corporation of Bangladesh (ICB) received a sovereign guarantee against Tk 30 billion loans sought from the Bangladesh Bank so that it can play a bigger role in the capital market, also boosted investors' confidence.
BSS adds: Turnover, a crucial indicator of the market, increased to Taka 5,763.39 million on the country's premier bourse which was Taka 4,798.74 million at the previous session of the week.
Out of 386 issues traded, 258 closed green, 83 in the red and 45 remained unchanged on the DSE trading floor.
BSC topped the turnover chart, followed by MJLBD, JAMUNABANK, BXPHARMA and ISLAMIBANK.
AMANFEED was the day's best performer, posting a gain of 10 per cent while TOSRIFA was the worst loser, losing 9.13 percent.
The Chittagong Stock Exchange (CSE) also ended higher with the CSE All Share Price Index - CASPI-advancing 98.90 points to settle at 14,880.23 and the Selective Categories Index - CSCX gaining 60.29 points to close at 9,062.55.
Of the issues traded, 130 advanced, 59 declined and 20 remained unchanged on the CSE.
The port city's bourse traded 3.07 million shares and mutual fund units with a turnover value of Taka 91.03 million. —BSS
