Dhaka, Bangladesh (BBN): The market closed higher for the second running session on Tuesday with further improving turnover value as investors continued to buy shares amid optimism.
The General Index of the Dhaka Stock Exchange (DGEN) rose 39.16 points or 0.82 per cent to close at 4,775.20 points, which was ten months high since September 23, 2012.
The free float based index, DSEX went up by 20.33 points or 0.47 per cent to close at 4,295.83 points while the blue chip index DS30 gained 3.47 points or 0.21 per cent to close at 1,654.22 points.
The total turnover at DSE improved further, amounting to BDT 10.24 billion and marking a rise of 23.0 per cent over previous session’s value.
The gainers took a modest lead over the losers as out of 284 issues traded, 152 advanced, 104 declined and 28 remained unchanged in the primer bourse.
Fuel and power sector continued to dominate turnover with more than 2.70 billion turnover, accounted for 26.66 per cent of total turnover at DSE.
Meghna Petroleum became the day’s turnover leader with shares worth Tk 750.58 million changing hands followed by GP, BSCCL, Jamuna Oil and Titas Gas.
A new mutual fund - EXIM Bank First Mutual Fund commenced trading Tuesday and topped the gainers chart with 10.0 per cent price appreciation while Zeal Bangla Sugar Mills was the day’s worst loser, plunginf by 10 per cent.
The Chittagong Stock Exchange (CSE) also closed marginally higher with the Selective Categories Index gained 29.67 points to close at 8,459.01 points.
Gainers took a modest lead over the losers as out of 216 issues traded at port city bourse, 108 advanced, 97 declined and 11 remained unchanged that traded 13.68 million shares and mutual fund units, turnover value of BDT 731.12 million.
BBN/BB/AD/16-Jul-13-5.30pm (BST).