Dhaka, Bangladesh (BBN): The first trading session of the fiscal year 2013-14 ended higher on Tuesday with rising turnover value as optimistic investors took position amid optimism.

The General Index of the Dhaka Stock Exchange (DGEN) rose 119.60 points or 2.72 per cent to close at 4,505.37 points which was eight months highest level.

The DSEX went up by 119.51 points or 2.91 per cent to close at 4,224.16 points while the blue chip index DS30 advanced 45.83 points or 2.99 per cent to close at 1,578.38 points.

The total market turnover of DSE stood at BDT 7.62 billion, an increase of 34.2 per cent from previous session’s value.

The gainers took a strong lead over the losers as out of 282 issues traded, 256 advanced, 21 declined and five remained unchanged in the primer bourse.

Meghna Petroleum became the top traded stocks with shares worth BDT 443.34 million changing hands.

CMC Kamal was the day’s highest gainer, posting a rise of 10 per cent while Fifth ICB was the day’s worst loser, slumping by 6.62 per cent.

The Chittagong Stock Exchange (CSE) also witnessed sharp gain with the Selective Categories Index rose 220.77 points to close at 8,291.25 points.

Gainers beat losers 176 to 19, with six issues remaining unchanged on the port city bourse that traded 13.37 million shares and mutual fund units, turnover value of BDT 592.11 million.
 
BBN/BB/AD/02-July-13-5.30pm (BST).