DSEX crosses 4,900-mark

Stocks witnessed another bull run on Sunday with key index of the major bourse crossing 4,900 points mark as investors' buying mood continued. The market started with a positive, note defying the countrywide hartal enforced by Bangladesh Jamaat-e-Islami and remained vibrant throughout the session amid investors’ strong buy and selling pressure. DSEX, the prime index of the Dhaka Stock Exchange (DSE) went up by 47.05 points or 0.96 per cent to close at 4,913.24 points, peaking highest level since its inception on January 28, 2013. The other two indices also ended higher. The DS30, comprising blue chips rose slightly by 1.37 points or 0.07 per cent to close at 1,900.69 points. The DSE Shariah Index advanced 6.70 points or 0.58 per cent to close at 1,154.02 points. The total turnover on DSE, however, dropped to Tk 9.81 billion which is 23.8 per cent lower over the previous session 14-month highest turnover of Tk 12.88 billion. Out of 305 issues traded, 232 advanced, 60 declined, 13 remained unchanged on the DSE floor. Beximco Limited was the day’s most traded stocks with shares worth Tk 605.79 million changing hands followed Beximco Pharma, BSRM Steels, GP and MJL BD. RAK Ceramics was the day’s highest gainer for the second running session, posting a rise of 9.90 per cent while ACI Formulations was the day’s worst loser, slumping by 7.62 per cent. The port city bourse, Chittagong Stock Exchange (CSE) also closed higher with its Selective Categories Index – CSCX – gained 137.32 points to close at 9,217.88 points. Gainers beat losers 167 to 53, with 10 issues remaining unchanged at the port city bourse that traded 17.23 million shares and mutual fund units with turnover value of Tk 660.45 million.