DSE index reaches 13-month high driving volume of shares nearly 10-month high
22 November 2016, Nirapad News: The benchmark price index of Dhaka Stock Exchange (DSE) reached at 13-month high on Tuesday on higher trade which drove the total volume of the shares nearly ten-month high.
DSEX, the major price index of DSE, added 28.81 points at close to finish the day at 4750.21 which was higher after October 13, 2015 when it closed at 4,779.66.
The DSES for Shariah-based companies also followed the same trend with marginally rise to end at 1,129.68. But the DS30 for the blue-chip scrips finished the day with slightly down at 1764.20.
The daily trade volume of DSE was 23.22 crore shares which was the highest in the past nearly ten months after January 19 this year when the daily trade volume was 24.05 crore shares.
The daily trade value was Taka 655.95 crore which was also the highest in the past nearly two-month after September 29 in this year when the daily trade value was Taka 681.60 crore.
The higher transaction drove prices of many issues up. Out of the day’s 319 traded issues, 176 gained against 97 losing securities.
The large-cap securities were on the top of the recovery trend, with 144 securities of this cap category closing higher.
The day’s major gainers were DSSL, CMC Kamal, Fuwang Ceramic, AB Bank and Salvo Chemical. The major losers included PTL, Fine Foods, Delta Spinning, Olympic and SAVAREFR. BAT BC topped the turnover leaders followed by AB Bank, BBS, CMC Kamal and GP. Like DSE, Chittagong Stock Exchange (CSE) also recovered significantly, with its CASPI index ending 73.22 points up at 14,609.81.
The daily trade value rose to Taka 36.77 crore and the volume was 1.61 crore shares. Out of the traded 249 issues, 129 closed up against 88 lagging securities.