Dhaka, Bangladesh (BBN)– The Dhaka Stock Exchange (DSE) continued to witness bullish trend in the third straight week that ended on Thursday, setting new records both in indices and turnover due mainly to fresh fund inflow.
The benchmark index DSE General Index (DGEN) crossed 7400-mark for the first time in the week, ending at 7480.34, which was a new mark, with steepest rise of 5.40 percent or 382.95 points.
The broader All Shares Price Index (DSI) shot up by 4.94 percent or 293.23 points to 6224.14. The DSE-20 comprising blue chip rose 6.51 percent or 269.21 points to finish at 4407.14.
Apex Weaving was the week’s top loser posting a fall of 40.95 per cent as the Securities and Exchange Commission (SEC) directed the DSE to put four companies, including Apex Weaving, on the Over-the-Counter (OTC) market from October 20 this year, according to reports.
The week’s other prominent losers were Monno Fabrics, Al-Arafah Islami Bank, Golden Son, Anwar Galvanizing, Savar Refractories, Dhaka Fisheries, Imam Button, Aziz Pipes and Meghna Pet.
AIMS First Mutual Fund was the week’s highest gainer as the High Court Tuesday rejected SEC’s refusal to allow issuance of bonus and rights shares by the Fund.
It was followed by Prime Insurance, Apex Spinning, Continental Insurance, First Security Islami Bank Limited, Ambee Pharma, Reliance Insurance, Agrani Insurance, Pioneer Insurance and Paramount Insurance.
The week’s turnover leaders were People’s Leasing, BSRM Steels Limited, Prime Finance, Square Pharmaceuticals, Beximco Ltd, PremierBank, Titas Gas, Exim Bank, Summit Power and Lankabangla Finance Company.
BBN/SSR/AD-09Oct10-10:18 am (BST)