DSEX surpasses 5,000-mark again

Stocks witnessed sharp gain on Wednesday with key index of the major bourse crossing 5,000-mark again as the investors went for buying spree on large- cap stocks. The market opened with an upward trend which sustained till the market closure amid modest see-saw. At the end of the session, DSEX, the prime index of the Dhaka Stock Exchange (DSE) crossed the 5,000-mark after three sessions and closed at 5,005.65 points, gaining 70.87 points or 1.43 per cent. The other two indices also saw steep gain. The DS30, comprising blue chips jumped 48.17 points or 2.64 per cent to close at 1,870.94 points. The DSE Shariah Index rose 23.35points or 2.01 per cent to close at 1,180.02 points. The total turnover on DSE improved to Tk 8.46 billion, registering an increase of 26.64 per cent over the previous day’s turnover of Tk 6.68 billion. The gainers took a lead over the losers as out of 308 issues traded, 171 advanced, 108 declined 29 remained unchanged on the DSE floor. DESCO was the most traded stock for the seventh session with shares worth Tk 343.88 million changing hands followed by Western Marine Shipyard, Jamuna Oil, RSRM Steels and Keya Cosmetics. Beximco Pharma was the day’s highest gainer, posting a rise of 9.98 per cent while Exim Bank First Mutual Fund was the day’s worst loser, slumping by 8.82 per cent. The port city bourse, Chittagong Stock Exchange (CSE) also sharp gain with its Selective Categories Index – CSCX – gaine133.24 points to close at 9,420.64 points. Gainers beat losers 110 to 87, with 27 issues remaining unchanged at the port city bourse that traded 15.35 million shares and mutual fund units, turnover value of Tk 605.32 million.