DSE turnover crosses Tk 700cr

UNB, Dhaka :
Share price index at the country’s twin bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – began the week on Sunday with moderate gain as the two bourses have been maintaining bullish trend for fifth consecutive session since last week.
The DSE benchmark index touched 4565.40 points, the highest ever in recent months after the business and commerce passed through a political turmoil across the country.
Trading at both the DSE and CSE began on positive note in the morning and ended the day with moderate gain. The volume of trade in terms of value was higher in both bourses on the day than on Thursday.
The day’s turnover at the DSE crossed Tk 700 crore, also the highest in recent months.
The DSE benchmark index, DSEX gained 46.04 points or 1.01 percent to reach 4565.40 at the close of trading on Sunday. Of the 294 issues traded, 167 gained, 112 declined and 15 remained unchanged.
Most of the traded issues of the day included those from insurance, mutual fund, petroleum and banking sectors.
Shares worth Tk 708.07 crore changed hands at the DSE on the day against Tk 643.51 crore on Thursday, showing a gradual rise in the daily turnover.
The day’s top 10 gainers at the DSE were Progressive Life, Apex Tannery, Pragati Life, ISN Ltd, Meghna Live, Padma Oil, ICB Islamic Bank, Bank Asia, Power Grid, and Prime 1 ICBA.
Meghna Petroleum, Padma Oil, Apollo Ispat, UCB and SPPCL were the top most traded issues at the DSE in terms of both value and volume.
The CSE key index, CSCX gained 91.05 points to reach 8978.82 at the close Sunday. Of the 230 issues traded, 107 advanced, 100 suffered loss and 23 remained unchanged. The value of the traded issues was Tk 64.94 crore on the day against Tk 58.93 crore on Thursday.
Earlier, in the morning, the DSEX gained 50.54 points or 1.11 percent to reach 4569.90 at 11:10 am while the CSCX gained 91.14 points to stand at 8978.90, also at 11:10 am Sunday.

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