Bourses bounce back

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Economic Reporter :
Country’s premier bourse, Dhaka Stock Exchange (DSE) bounced back on Tuesday as the investors gained confidence over Bangladesh Bank’s circular on providing support to the stock market.
The broad index, DSEX closed at 4471.51 points in the day with a gain of 85.96 points or 1.96 percent.
Besides, two selective indices, Blue Chip index, DSE30 and Shariah index, DSES also went up by 25.65 points and 13.85 points to settle at 1517.22 points and 1030.12 points respectively.
On the DSE trading floor, a total number of 133,974 trades were executed in the day’s trading session with a trading volume of 203.41 million securities.
Gainers took a strong lead over losers as out of 356 issues traded, 296 securities gained price while 40 declined and 20 remained unchanged.
The top 10 gainers were Prime Bank First ICB AMCL Mutual Fund, ICB, SEML FBSL Growth Fund, Hakkani Pulp, Asian Tiger, Union Capital, SK Trims, Central Pharma, SEML IBBL Shariah Fund and SEML Lecture Equity Management Fund.
LafargeHolcim Bangladesh topped the turnover chart followed by AND Telecom, SK Trims, Indo-Bangla Pharma, Orion Infusion, Summit Power, Khulna Power, Oimax Electrode, Golden Harvest and BSC. The top 10 losers were Fareast Finance, Progressive Life Insurance, Emerald Oil, Green Delta Insurance, Tallu Spinning, Altex Industries, Dhaka Dying, Padma Oil, Mutual Trust Bank and Zealbangla Sugar.
On the other hand, port city bourse, Chittagong Stock Exchange (CSE) also closed at green overcoming the bearish trend of previous days.
CSCX and CASPI increased by 152.23 points and 251.15 points to stand at 8266.76 points and 13632.61 points respectively.
At CSE, a total of 13,121,397 shares and mutual fund of 252 companies were traded, of which 202 issues advanced while 28 declined and 22 issues remained unchanged.

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