Dhaka, Bangladesh (BBN): The market maintained its bullish run on Wednesday as investors’ confidence boosted up further by stable political frontier and favorable macroeconomic phenomenon.
The General Index of the Dhaka Stock Exchange (DGEN) surged 86.73 points or 1.85 per cent to close the session at 4,770.49 points, peaked 9-month high since September 25, 2012.
The others two indices also ended green ---- the free float based index DSEX went up by 24.14 points or 0.55 per cent to close at 4,345.45 while the blue chip index DS30 gained 9.32 points or 0.57 per cent to close at 1,643.47 points.
The total market turnover stood at BDT 10.40 billion which was 19.7 per cent lower than previous session’s 23-month high value of BDT 12.94 billion.
Out of 290 issues traded, 118 advanced, 158 declined and 14 remained unchanged in the primer bourse.
GrameenPhone topped the turnover’s chart for the second consecutive session with a turnover of BDT 921.71 million, along with a steep price appreciation of 8.5 per cent.
Apex Tannery was the day’s top gainer for the second running session, posting a rise of 9.97 per cent while Imam Button was day’s worst loser, slumping by 8.86 per cent.
The Chittagong Stock Exchange (CSE) also ended higher with the Selective Categories Index gained 47.26 points to close at 8,545.82 points.
Losers beat gainers 124 to 88, with five issues remaining unchanged on the port city bourse that traded 17.43 million shares and mutual fund units, turnover value of BDT 772.49 million.
BBN/BB/AD/10Jul-13-5.30pm (BST).