DSE turnover crosses Tk 5b-mark

Stocks returned to green on Thursday with turnover crossing Tk5.0 billion-mark after one month as investors went on late hours buying spree.

The market opened with a mixed trend, but late hours buying binge pushed the prime index of the Dhaka Stock Exchange (DSE) 22.63 points or 0.47 per cent up and closed the week at 4,819.45. The two other indices also closed higher. The DS30 index, comprising blue chips, gained 11.88 points or 0.65 per cent to 1,848.12.

The DSE Shariah Index (DSES) rose 6.74 points or 0.57 per cent to end at 1,186.67. Turnover stood at Tk5.14 billion, which was 20.37 per cent higher than the previous session’s Tk4.27 billion. The gainers took a strong lead over the losers as out of 317 issues, 171 closed lower, 96 higher and 50 remained unchanged on the DSE trading floor.

Beximco Pharma was the day’s top turnover leader with shares of Tk288.52 million changing hands followed by Islami Bank, United Power, Aman Feed and BSRM Steels. Aman Feed was the day’s best performer, posting a rise of 8.03 per cent while Keya Cosmetics was the day’s worst loser, plunging by 5.05 per cent.

The port city bourse Chittagong Stock Exchange (CSE) also closed higher with its Selective Categories Index – CSCX – gained 51 points to end at 8,990.22. Losers beat gainers 124 to 87, with 36 issues remained unchanged on the port city bourse that traded 10.26 million shares and mutual fund units with a value of Tk372 million. -FE