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Monday, March 23, 2015, Chaitra 9, 1421 BS, Jamadius Sani 1, 1436 Hijr


Stocks rise for 2nd day as traffic jam returns
Business Desk
Published : Monday, 23 March, 2015,  Time : 12:00 AM,  View Count : 9
Indices at the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) rose for the second consecutive day on Sunday as normal traffic jams returned on the city streets defying a fresh call from the anti-government parties to intensify an ongoing blockade and hartal, dealers said.
In line with the traffic jams the participants of investors were higher in number compared to the past several days and the transactions rose pulling up the indices, they said.
At DSE the prime index DSEX rallied to 4,533.21 points, gaining 65.19 points or 1.45 per cent while the DS30 index, comprising blue chips also rallied 34.39 points or 2.03 per cent to close at 1,721.06 and the DSE Shariah Index DSES rose 23.26 points or 2.15 per cent to close at 1,104.75 points.
At CSE the Selective Categories Index CSCX gained 76.21 points to close at 8,376.30 points as gainers beat losers 142 to 61, with 34 issues remaining unchanged at the port city bourse that traded 5.91 million shares and mutual fund units, turnover value of Tk 229.01 million.
At DSE the total turnover on the DSE also crossed Tk 2.50 billion-mark and amounted to Tk 2.68 billion, which is 61.44 per cent higher over the previous session's two-and-half month's lowest value of Tk 1.66 billion. The gainers took a strong lead over the losers as out of 310 issues traded, 203 advanced, 71 declined and 36 remained unchanged on the DSE floor. ACI Limited was the day's top turnover chart with shares worth Tk 182.68 million changing hands followed by Lafarge Surma, SPCL, ACI Formulations and IFAD Autos. ACI Formulations was the day's top gainer, posting a rise of 9.42 per cent while Reliance Insurance was the worst loser, plunging by 19.78 per cent following its price adjustment after record date. 







Editor : Iqbal Sobhan Chowdhury
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