DSE turnover rises to Tk 7.95b

Stocks ended higher for the second straight session on Tuesday with significant improvement in turnover due to strong buying and selling pressure. Initial rise on stock prices subdued as the session progressed with profit booking mainly on large cap stocks. DSEX, the prime index of the Dhaka Stock Exchange (DSE) went up by 26.30 points or 0.57 per cent to close at 4,590.65 points. The DSE Shariah Index advanced 2.45 points or 0.23 per cent to close at 1,065.47 points. However, the DS30, comprising blue chips closed negative with losing 0.03 per cent to 1,728.41 points. DSE turnover rose to Tk 7.95 billion, registering an increase of 12.44 per cent over the previous session’s value of Tk 7.07 billion. The gainers took a lead over the losers as out of 298 issues traded, 195 advanced, 80 declined and 23 remained unchanged on the DSE floor. Beximco Limited continued to top the turnover chart for the fifth running sessions with shares worth Tk 502.56 million changing hands followed by Beximco Pharma, MJL BD, BSRM Steels and GP. Agni Systems Ltd was the day’s highest gainer, posting a rise of 9.91 per cent while Southeast Bank First Mutual Fund 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 – gained 60.33 points to close at 8,674.45 points. Losers beat gainers 142 to 67, with 15 issues remaining unchanged at the port city bourse that traded 15.65 million shares and mutual fund units with turnover value of Tk 535.28 million.