DSEX crosses 4,600-mark

Stocks extended gaining streak for the fourth consecutive session Thursday with improved turnover and the key index of the prime bourse crossed 4,600 point-mark as investors continued to take position amid optimism. The key index of the Dhaka Stock Exchange (DSE) --- DSEX--- crossed 4,600 points mark after 12-trdaing sessions and ended at 4,621.22 points, gaining 25.42 points or 0.55 per cent from previous session. The other two indices also ended higher. The DS30, comprising blue chips gained 23.64 points or 1.43 per cent to close at 1,670.15 points. The DSE Index (DSES) went up by 6.76 points or 0.67 per cent to close at 1,008.46 points. Turnover value on the DSE improved to Tk 5.18 billion, registering 3.6 per cent increase over the previous session’s value of Tk 5.0 billion. Out of 295 issues traded, 125 advanced, 139 declined and 31 issues closed unchanged on the DSE floor. The total market capitalization on DSE stood at Tk 2,913.73 billion against Tk 2,898.37 billion in the previous session. Padma Oil became the top turnover leaders with shares worth Tk 419.51 million changing hands followed by Heidelberg Cement, GP, Lafarge Surma Cement and Olympic Industries. Heidelberg Cement was the day’s highest gainer; posting a rise of 10.90 per cent following its corporate declaration of 380 per cent cash dividend while Zeal Bangla Sugar Mills was the day’s worst losers, slumping by 7.69 per cent. The port city bourse --- the Chittagong Stock Exchange (CSE) also closed higher for the fourth day with its Selective Categories Index – CSCX ---gained 71.48 points to close at 8,973.26 points. Losers beat gainers 94 to 92, with 23 issues remaining unchanged at the port city bourse that traded 7.36 million shares and mutual fund units worth Tk 369.40 million.