DSEX crosses 4,700-point mark

Stocks witnessed sharp rise on the bourses for third running session with the key index of the prime bourse crossed 4,700-point psychological level as investors continued to take position amid optimism. The prime index of the Dhaka Stock Exchange (DSE) - DSEX-- ended at 4,702.66 points, gaining 62.10 points or 1.33 per cent. It is the highest level of DSEX since its inception on January 27, 2013. The DS30 index, comprising blue chips also advanced 24.03 points or 1.46 per cent to close the session at 1,664.10 points. The DSE Shariah Index (DSES) went up by 15.26 points or 1.58 per cent to close at 976.33 points. The turnover remained upbeat on the DSE and amounted to Tk 8.34 billion against Tk 8.35 billion in the previous session.
Gainers beat losers 177 to 97, with 21 issues closed unchanged on the DSE floor. Activities also increased in the prime bourse. A total of 0.166 million trades were executed with 201 million shares and mutual fund units were trading volume. The market capitalization of the DSE stood at Tk 2,859.60 billion against Tk 2,826.03 billion in the previous session. LankaBangla Finance dominated the top turnover chart with shares worth Tk 300.72 million changing hands followed by Padma Oil, Square Pharma, Olympic and Meghna Petroleum. Rupali Bank was also the day’s highest gainer, posting a rise of 10 per cent while Meghna Condensed Milk was the day’s worst losers, slumping by 7.28 per cent. The Chittagong Stock Exchange (CSE) also closed higher, with its Selective Categories Index – CSCX-- gained 124.23 points to close at 9,240.63 points. Gainers beat losers 134 to 91, with 14 issues remaining unchanged at the port city bourse that traded 21.32 million shares and mutual fund units, turnover value of Tk 695.21 million.