DSE, CSE end week in green

:: Peoples Time Online ::

Key share price indices in the country’s both bourses — Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) — ended the week in green for the second consecutive day on Thursday (May 2).

The market opened on positive note and upward trend sustained till the end of the session. 

DSE turnover has reached Tk 4,752.99 million changed hands while Wednesday’s turnover was Tk 4,151.73 million.

DSEX, the DSE benchmark index, gained 83.89 points, or 1.61 per cent, to reach 5,286.75 at the close of day’s trading.

The DSE Shariah Index (DSES) also advanced 19.82 points or 1.64 per cent to close at 1,224.97. The DS30 comprising blue chips rose over 23.90 points or 1.29 per cent to close at 1,870.58 points.

“Investors showed optimism as the regulator along with government came up with a set of decisions to restore order of the stock market. However, investors’ exerted buying pressure on all sectors as special privileges will be given in the next budget for the affected investors in the stock market assured by the chairman of NBR”, said EBL Securities Ltd in its daily analysis.

Of the issues traded, 275 gained, 49 declined and 24 remained unchanged.

United Power Generation and Distribution Company Ltd topped the chart of turnover leaders with a value of Tk 464.34 million followed by Fortune Shoes, Monno Ceramic and Grameenphone.

The day’s top five gainers at the DSE were DHAKAINS, BDCOM, LEGACYFOOT, WMSHIPYARD and QUASEMIND.

The CSE key index, CSCX, also went up by 247.89 points or 1.55 percent to reach 16,160.76 at the close today.

Of the 237 issues traded, 194 advanced, 32 suffered loss and 11 remained unchanged.

The value of the traded issues was Tk 219.14 million on Thursday.

Peoples Time/HG

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