DSE key index crosses 4,800 mark

Stocks ended higher for the 3rd second straight sessions on Thursday with key index of the major bourse crossing 4,800 points mark, powered by investors’ strong buying spree. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up 67.79 points or 1.41 per cent to close at 4,866.19 points, peaking highest level since its inception in January 2013. The other two indices also ended higher. The DS30, comprising blue chips, rose 20.01 points or 1.06 per cent to close at 1,899.31 points. The DSE Shariah Index gained 10.63 points or 0.93 per cent to close at 1,147.63 points. The total turnover on DSE jumped to Tk 12.88 billion, registering an increase of 33.33 per cent over the previous session’s value of Tk 9.66 billion. It is the highest turnover since Tk 12.94 billion on July 7, 2013. Out of 300 issues traded, 200 advanced, 83 declined and 17 remained unchanged. MJL BD was the day’s most traded stocks with shares worth Tk 563.13 million changing hands followed BSRM Steels, Beximco Pharma, Active Fine Chemicals and Beximco. RAK Ceramics was the day’s highest gainer, posting a rise of 10 per cent while Midas Financing was the day’s worst loser, slumping by 9.09 per cent. The port city bourse, Chittagong Stock Exchange (CSE), also closed higher with its Selective Categories Index – CSCX – gaining 146.39 points to close at 9,080.50 points. Gainers beat losers 138 to 76, with 19 issues remaining unchanged at the country’s 2nd bourse that traded 19.41 million shares and mutual fund units with a turnover value of Tk 768.17 million.