Dhaka, Bangladesh (BBN)- Stocks ended higher for the third second straight sessions on Thursday with key index of the major bourse crossing 4,800 points mark, powered by investors strong buying spree.
DSEX, the prime index of the Dhaka Stock Exchange (DSE) went up by 67.79 points or 1.41 percent to close at 4,866.19 points, peaking highest level since its inception in January 2013.
The other two indices also ended higher. The DS30, comprising blue chips rose 20.01 points or 1.06 percent to close at 1,899.31 points. The DSE Shariah Index gained 10.63 points or 0.93 percent to close at 1,147.63 points.
The total turnover on DSE also jumped to BDT 12.88 billion, registering an increase of 33.33 percent over the previous session’s value of BDT 9.66 billion. It is the highest turnover since BDT 12.94 billion on July 7, 2013.
Out of 300 issues traded, 200 advanced, 83 declined, 17 remained unchanged on the DSE floor.
MJL BD was the day’s most traded stocks with shares worth BDT 563.13 million changing hands followed BSRM Steels, Beximco Pharma, Active Fine Chemicals and Beximco.
RAK Ceramics was the day’s highest gainer, posting a rise of 10 percent while Midas Financing was the day’s worst loser, slumping by 9.09 percent.
The port city bourse, Chittagong Stock Exchange (CSE) also closed higher with its Selective Categories Index – CSCX – gained 146.39 points to close at 9,080.50 points.
Gainers beat losers 138 to 76, with 19issues remaining unchanged at the port city bourse that traded 19.41 million shares and mutual fund units, turnover value of BDT 768.17 million.
BBN/SSR/AD-18Sept14-5:20 pm (BST)