Dhaka, Bangladesh (BBN)- Dhaka stocks surged for the third straight session on Monday with increasing turnover value as investors went for buying binge at available attractive prices of shares.
The market opened with a positive note, gaining more than 50 points within half an hour. The upbeat mood continued till 2:00 pm and one stage the Dhaka Stock Exchange (DSE) key index gained more than 200 pints.
However, last hour sale pressure wiped-off most of the early gain and finally ended 64 points higher.
The benchmark general index of the DSE, generally known as DGEN, went up by 6464.36 points or 1.52 percent to close at 4,290.54.
The broader All Shares Price Index (DSI) rose 51.61 points or 1.45 percent to close at 3,598.05. The DSE-20 Index comprising blue-chip shares also advanced 15.98 points or 0.45 per cent to close at 3,508.46.
Out of 258 issues traded, 135 advanced, 108 declined and 15 remained unchanged.
Turnover value increased substantially and stood at BDT 3.91 billion against BDT 2.90 billion in the previous session which was one month high since January 11 when it was recorded BDT 4.05 billion.
Grameenphone (GP) topped turnover chart with shares worth BDT 224.39 million changing hands.
The other turnover leaders were National Bank, UCBL, SIBL, United Airways, Beximco Limited, Southeast Bank, Prime Bank, ONE Bank, and Mercantile Bank.
RAK Ceramic was the day’s highest gainer posting a rise of 9.64 per cent. It was followed by Jute Spinners, Makson Spinning, Gemini Sea Food, Hakkani Pulp and Papers, Southeast Bank, Ruplai Bank, Samorita Hospital, UCBL and Prime Finance.
The day’s worst losers included Prime First Mutual Fund, Standard Ceramic, ICB AMCL Second MF, Sinobangla Industries, AIBL First MF, Power Grid, Usmania Glass, Dafodil Computers, Agni System Ltd and ICB AMCL First MF.
BBN/BB/SI-13Feb12-4:40 pm (BST)
