DSEX crosses 4,600 points-mark again

Stocks returned to the green Tuesday after two session fall with turnover improved significantly as the investors went for buying spree mainly on large cap stocks. DSEX, the prime index of the Dhaka Stock Exchange (DSE) crossed 4,600 points mark once again after four sessions and ended at 4,606.75 points, gaining 33.18 points or 0.72 per cent from previous session. The other two indices saw sharp gain. The DS30, comprising blue chips gained 25.62 points or 1.52 per cent to close at 1,703.30 points. The DSE Index (DSES) went up by 15.50 points or 1.51 per cent to close at 1,036.47 points. Turnover value on the DSE improved to Tk 5.47 billion, registering 144 per cent increase over the previous day’s brief session’s value of Tk 2.24 billion. The losers, however, took a marginal lead over the gainers as out of 292 issues traded, 166 declined, 109 advanced and 17 issues closed unchanged on the DSE floor. Meghna Petroleum became the top turnover leaders with shares worth Tk 568.64 million changing hands followed by GP, Olympic, Lafarge Surma Cement and Padma Oil. Desh Garment was the day’s highest gainer; posting a rise of 9.10 per cent while City Bank was the day’s worst losers, slumping by 16.58 per cent following its price adjustment after record date. The port city bourse - Chittagong Stock Exchange (CSE) also closed higher with its Selective Categories Index --- CSCX-- gained 16.47 points to stand at 8,882.50 points. Losers beat gainers 147 to 50, with 14 issues remaining unchanged at the port city bourse that traded 7.16 million shares and mutual fund units with turnover value of Tk 385.70 million.