DSE turnover crosses Tk 5b-mark

Stocks extended gaining spell for the second running sessions with turnover crossing Tk 5.0 billion-mark as investors remained upbeat about the market prospect.

The prime index of the Dhaka Stock Exchange (DSE) crossed the 4,600-mark within first 40 minutes of trading, but could not sustain that level and closed marginally higher. At the end of the session, DSEX, the prime index of the Dhaka Stock Exchange (DSE), 4,578.87, after gaining 14.85 points or 0.32 per cent. The two other indices also ended higher.

The DS30 index, comprising blue chips, rose 10.49 points or 0.60 per cent to 1,744.60. The DSE Shariah Index (DSES) advanced 3.0 points or 0.27 per cent to end at 1,104.19. Turnover on DSE rose to Tk 5.26 billion, which was 7.78 per cent higher than the previous session’s Tk 4.88 billion. The gainers took a strong lead over the losers as out of 321 traded issues, 159 closed higher, 117 lower and 45 remained unchanged on the DSE trading floor.

Beximco dominated the turnover chart with share worth Tk 240 million changing hands followed by Beximco Pharma, KDS Accessories, Aftab Automobiles and Quasem Drycells. Pragati Insurance was the day’s best performer, posting a rise of 10 per cent while Rahima Food was the day’s worst loser, plunging by 5.38 per cent.

The port city bourse Chittagong Stock Exchange (CSE) also closed higher with its Selective Categories Index – CSCX – advancing 14.97 points to end at 8,522.32. Gainers beat losers 117 to 90, with 30 issues remaining unchanged on the port city bourse that traded 8.93 million shares and mutual fund units with a value of Tk 259 million. -FE