DSEX crosses 4,700-mark

Stocks extended their gaining streak for the seven straight sessions on Tuesday, the opening day after six-day Eid holidays as investors continued their buying spree amid optimism.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), crossed the 4,700-mark after March 1, 2015 and ended at 4,731.32, gaining 75.17 points or 1.61 per cent. The two other indices also closed higher.  The DS30 index, comprising blue chips, rose 37.46 points or 2.05 per cent to close at 1,858.34. The DSE Shariah Index (DSES) advanced 16.92 points or 1.47 per cent to
settle at 1,164.14. Turnover stood at Tk 4.93 billion on the main bourse, which was 5.19 per cent lower than the previous day’s Tk 5.20 billion. The gainers took a strong lead over the losers as out of 317 issues traded, 228 advanced, 61 declined and 28 remained unchanged on the DSE. Lafarge Surma Cement was the day’s top turnover leader with shares worth Tk 422 million changing hands followed by GP, ACI, KPCL and RAK Ceramics. The port city bourse Chittagong Stock Exchange (CSE) also closed higher with its Selective Categories Index – CSCX – gained 154 points to close at 8,868. Gainers beat losers 152 to 59, with 25 issues remaining unchanged at the port city bourse that traded 11 million shares and mutual fund units with turnover of Tk 450 million.