DSE index reaches 23-month high

The benchmark price index of Dhaka Stock Exchange (DSE) reached at about 23-month high on Wednesday on higher transaction which drove the total value of the share to over Taka 1,000 crore.

DSEX, the major price index of DSE, added 37.32 points at close to finish the day at 4906.92 which was the highest after January 18, 2015 when it closed at 4,917.37.

The DSES for Shariah-based companies and the DS30 for the blue-chip scrips also followed the same trend with marginal rise to end at 1169.03 and 1797.36 respectively.

The daily trade value rose to Taka 1,064.63 crore from Monday`s Taka 741.24 crore and the volume increased to 30.87 crore shares from 21.38 crore.

Out of the day`s 323 issues, 179 closed higher against 100 losing securities. The day`s major gainers were Bangladesh Building System, Bengal Windsor, Golden Harvest Agro, Monno ceramics and Union Capital.

The most losing securities were Standard Insurance, Modern Dying, Dulamia Cotton, Federal Insurance and Tosrifa Industries.

Bangladesh Building System topped the turnover list followed by Lafarge Surma System, Active Fine, Apollo Ispat and RSRM Steel.

Chittagong Stock Exchange (CSE) finished the session of the week upward with its major CASPI index closing significantly high with 116.39 points at 15,084.96.

Out of the 255 issues traded on the CSE, 137 closed higher against 81losing securities when 67.02 crore shares changed hands for Taka 2.14 crore.

Source: BSS