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DSE turnover reaches Tk5.0b

FE Online Report | Wednesday, 2 April 2014


Stocks ended higher for the third running session Wednesday with turnover reaching Tk 5.0 billion-mark after 15-trading session as investors took position amid optimism. The market opened with a positive trend and the upward trend continued till the market closure. At the end of the session, the prime index of the Dhaka Stock Exchange (DSE) --- DSEX--- ended at 4,595.80 points, gaining 68.86 points or 1.52 per cent from previous session. The other two indices also ended higher. The DS30, comprising blue chips gained 28.0 points or 1.73 per cent to close at 1,646.50 points. The DSE Index (DSES) went up by 14.11 points or 1.42 per cent to close at 1,001.70 points. Turnover value on the DSE improved to Tk 5.00 billion, registering 58.73 per cent increase over the previous session’s value of Tk 3.15 billion. Out of 296 issues traded, 207 advanced, 75 declined and 14 issues closed unchanged on the DSE floor. The total market capitalization on DSE stood at Tk 2,898.37 billion against Tk 2,858.50 billion in the previous session. Lafarge Surma Cement became the top turnover leaders with shares worth Tk 319.51 million changing hands followed by GP, Padma Oil, Square Pharma and Eastern Hosuing. Golden Son was the day’s highest gainer; posting a rise of 9.96 per cent while Hakkani Pulp and Paper was the day’s worst losers, slumping by 7.83 per cent. The port city bourse --- the Chittagong Stock Exchange (CSE) also saw sharp rise with its Selective Categories Index – CSCX-- gained 147.86 points to close at 8,901.78 points. Gainers beat losers 161 to 56, with 9 issues remaining unchanged at the port city bourse that traded 9.0 million shares and mutual fund units, turnover value of Tk 351.05 million.