DSEX crosses 4,800-point mark

Stocks extended the gaining streak for fourth running sessions Monday with turnover crossing Tk 8.0 billion-mark once again, powered by investors buying spree. The market opened with a positive note and the upward trend continued till the market closure, eventually ended higher. The prime index of the Dhaka Stock Exchange (DSE) --- DSEX crossed 4,800 points mark and ended at 4,826.51 points after surging 38.85 points or 0.81 per cent. It is the highest level of DSEX since its inception on January 27, 2013. The DSE Shariah Index (DSES) went up by 2.24 points or 0.22 per cent to 981.52 points. The DS30 index, comprising blue chips also gained 11.19 points or 0.67 per cent to close at 1,671.44 points. The total turnover on DSE stood at 8.04 billion-mark, registering 15.35 per cent increase over the previous session’s turnover value of Tk 6.97 billion. Gainers beat losers 175 to 90, with 24 issues closed unchanged on the DSE floor. The market capitalization of the DSE stood at Tk 2,9-1.26 billion against Tk 2,886.36 billion in the previous session. Meghna Petroleum dominated the top turnover chart with shares worth Tk 459.23 million changing hands followed by Mercantile Bank, LankaBangla Finance, Aamra Technologies and Padma Oil. Islami Insurance was also the day’s highest gainer, posting a rise of 8.30 per cent while ahima Food was the day’s worst losers, slumping by 4.26 per cent. The Chittagong Stock Exchange (CSE) closed higher, with its Selective Categories Index – CSCX gained 95.26 points to close at 9,502.28 points. Gainers beat losers 130 to 76, with 26 issues remaining unchanged at the port city bourse that traded 21.81 million shares and mutual fund units, turnover value of Tk 708.10 million.