DSE index reaches 16-month high

The benchmark price index of Dhaka Stock Exchange (DSE) reached at 16-month high on Wednesday on a higher transaction which drove the total value of the share to over Taka 850 crore, reports BSS.

DSEX, the major price index of DSE, added 25. 19 points at close to finish the day at 4871.29 which was the highest after August 5, 2015 when it closed at 4,873.96.

The DSES for Shariah-based companies and the DS30 for the blue-chip scrips also followed the same trend with marginal rise to end at 1,158.29 and 1793.11 respectively.

The daily trade value rose to Taka 864.25 crore from Tuesday’s Taka 795.36 crore and the volume increased to 27.66 crore shares from 24.91 crores of the last session of the week.

Out of the day’s 325 issues, 144 closed higher against 132 losing
securities. The day’s major gainers were DSSL, RSRM Steel, Regent Textile, Bay Leasing and Premier Leasing. The most losing securities included Standard Insurance, Fine Foods, Rahima Food, BD Auto Cars and FBFIF.

Olympic Industries topped the turnover list followed by Ifad Autos, RSRM Steel, Argon Denims and Quasem Dry Cell.

Chittagong Stock Exchange (CSE) finished the session of the week upward with its major CASPI index closing significantly high with 94.63 points at 15,016.61.

Out of the 249 issues traded on the CSE, 133 closed higher against 87 losing securities when 1.95 crore shares changed hands for Taka 49.32 crore.