Stocks, turnover up on DSE, CSE

Stocks ended higher on Thursday after two sessions’ marginal correction with improved turnover value as investors went for buying spree again amid optimism. The market opened with a positive note and the upward trend continued till the closure of the trade. The prime index of the Dhaka Stock Exchange (DSE) – DSEX – ended at 4,845.08 points, gaining 33.59 pts or 0.69 per cent from previous session. The others two indices outperformed the market. The DSE Shariah Index (DSES) gained 13.83 pts or 1.40 % to close at 996.35 pts. The DS30 index, comprising blue chips also advanced 18.15 pts or 1.09 % to close the session at 1,681.91 pts. The total turnover on DSE stood at Tk 7.70 billion, registering 24.2 % increase over the previous session’s turnover value of Tk 6.20b. The gainers took lead over the losers as out of 294 issues traded, 148 advanced, 118 declined and 28 issues closed unchanged on the DSE floor. The market capitalisation of the DSE stood at Tk 2,919.20b against Tk 2,894.92b in the previous session. Square Pharma dominated the top turnover chart with shares worth Tk 411.47m changing hands followed by BSCCL, Jamuna Oil, Olympic Industries and Meghna Petroleum. BSCCL was also the day’s highest gainer, posting a rise of 7.41 % while Rahima Food was the day’s worst losers, slumping by 5.02 %. The Chittagong Stock Exchange (CSE) also closed higher, with its Selective Categories Index – CSCX gained 77.99 pts to close at 9,521.47 pts. Losers beat gainers 109 to 91, with 29 issues remaining unchanged at the port city bourse that traded 15.12m shares and mutual fund units, turnover value of Tk 602.94m.