Stocks close higher for 5th day

Stocks closed higher for the fifth straight session on Monday as investors' buying mood continued amid countrywide shutdown enforced by BNP. DSEX, the prime index of the Dhaka Stock Exchange (DSE) went up by 11.28 points or 0.22 per cent to close at 4,924.52 points, peaking highest level since its inception on January 28, 2013 amid choppy trading throughout the session. However, the other two indices also ended in the red. The DS30, comprising blue chips declined 11.43 points or 0.60 per cent to close at 1,889.25 points. The DSE Shariah Index lost 4.42 points or 0.38 per cent to close at 1,149.59 points. The total turnover on DSE stood at Tk 9.92 billion, registering an increase of 1.36 per cent over the previous session value of Tk 9.81 billion. Out of 303 issues traded, 141 advanced, 135 declined, 27 remained unchanged on the DSE floor. The new issue – RSRM Steels-- was the day’s most traded stocks with shares worth Tk 754.13 million changing hands followed GP, Beximco, MJL BD, and Beximco Pharma. The RSRM Stells was also the day’s highest gainer, posting a rise of 93.25 per cent while Safko Spinning Mills was the day’s worst loser, slumping by 7.86 per cent. The port city bourse, Chittagong Stock Exchange (CSE) also closed higher with its Selective Categories Index – CSCX – gained 81.58 points to close at 9,299.47 points. Gainers beat losers 112 to 102, with 23 issues remaining unchanged at the port city bourse that traded 19.12 million shares and mutual fund units, turnover value of Tk 771.11 million.