DSEX crosses 4,600-mark amid high turnover

Last updated: May 25, 2015

Dhaka, Bangladesh (BBN)-Defying delayed trading due to technical glitch, DSEX, the prime index of the DSE, crossed the 4,600-mark and ended at 4,615.01 points, rising 130.39 points or 2.90 per cent on Monday.
Earlier in the morning, the Dhaka Stock Exchange (DSE) witnessed a technical glitch and subsequent delayed trade for the second consecutive day on Monday.
The four-share transactions that usually opened at 10:30am in every working day began at 12:15pm Monday due to the technical disruption.
“Due to a technical issue Dhaka Stock Exchange delayed commencement of trade by one hour and 45 minutes on May 25,” said a statement of the DSE.
DS30 index, comprising blue chips, gained 53.84 points or 3.20 per cent to close at 1,736.31 points.
DSES index rose 27.43 points or 2.53 per cent to end at 1,108.83 points.
Turnover rose to Tk 8.55 billion, which was 150 per cent higher from the previous session’s reduced trading hours Tk 3.43 billion.
Gainers took a strong lead over the losers as out of 316 issues traded, 250 advanced, 49 declined and 17 remained unchanged on the DSE floor.
KPCL was the day’s top turnover leader with shares worth Tk 458.48 million changing hands followed by United Power, BSCCL, AFC Agro and RAK Ceramics.
ICB Seventh Mutual Fund was the day’s best performer, posting 9.93 per cent gain while Shympur Sugar Mills was the day’s worst loser, slumping by 5.97 per cent.
However, trading at the port city bourse Chittagong Stock Exchange (CSE) started on time at 10:30am and closed at 2:30pm. The port city bourse also ended higher with its Selective Categories Index – CSCX – rose 202 points to close at 8,660.27 points.
Gainers beat losers 167 to 61, with 17 issues remaining unchanged at the port city bourse that traded 28.76 million shares and mutual fund units with turnover of Tk 1.06 billion.

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