DSE turnover hits four-month high

Stocks returned to green Thursday with turnover hitting four-month high on the prime bourse as investors inject fresh funds in the market. The market opened with a positive note and the upturn sustain till end of the session amid marginal volatility. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 21.52 points or 0.46 per cent to settle at the week at 4,641.03. The two other indices also ended higher. The DS30 index, comprising blue chips, advanced 15.06 points or 0.85 per cent to 1,772.22. The DSE Shariah Index (DSES) rose 8.88 points or 0.79 per cent to finish at 1,124.23. The total turnover on DSE stood Tk 6.04 billion, which was 7.1 per cent higher than the previous day’s Tk 5.64 billion. The gainers took a modest lead over the losers as out of 323 issues traded, 144 closed higher, 119 lower and 60 remained unchanged on the DSE trading floor. Khulna Power Company was the day’s top turnover chart with shares of Tk 245 million changing hands followed by Beximco Pharma, BSRM Steels, Lafarge Surma Cement and KDS Accessories. Global Insurance was the day’s best performer, posting a rise of 10 per cent while Shympur Sugar Mills was the day’s worst loser, plunging by 7.46 per cent. The port city bourse Chittagong Stock Exchange (CSE) also ended higher with its Selective Categories Index – CSCX – rising 56.42 points to close at 8,653.05. Losers beat gainers 105 to 99, with 35 issues remaining unchanged on the port city bourse that traded 10.21 million shares and mutual fund units with a value of Tk 374 million.
--Babul/Shuvo--