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Wednesday, February 24, 2016, Falgun 12, 1422 BS, Jamadiul Awwal 13, 1437 Hijri

Stocks back to black, DSE turnover rise
Business Correspondent
Published :Wednesday, 24 February, 2016,  Time : 12:00 AM  View Count : 21
Lead indices at the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) rose on Tuesday as investors picked up  blue chips, dealers said.
DSEX, the benchmark index of the DSE rose 20.72 points or 0.45 per cent to 4,598.34 while the DS30 index, comprising blue chips, gained 3.54 points or 0.19 per cent to 1,777.22 and the Shariah Index DSES edged up a little by 0 .44 point or 0.03 per cent to 1,129.04 at close of the session.
At the CSE its Selective Categories Index, CSCX, gained 55.74 points or 0.65 per cent to close the transaction at 8,654.82 as gainers beat losers by 114 to 99 with 36 unchanged.
The port city bourse traded 12.77 million shares and mutual fund units worth above Tk 393 million in turnover.
At the DSE the turnover advanced to Tk 5.71 billion up 22 per cent from that of the previous session when it was Tk 4.68 billion.. It was also the highest turnover since January 20, when turnover was Tk 6.69 billion.
The gainers took a modest lead over the losers as out of 324 issues traded, 158 closed higher, 126 lower and 40 remained unchanged on the DSE trading floor.
LankaBangla Finance dominated the turnover chart with shares worth Tk 470 million changing hands following its dividend declaration news. It was followed by BSRM, Quasem Drycells, Lafarge Surma Cement and IFAD Autos.
LankaBangla Finance was the day's best performer, posting a rise of 35.42 per cent while Aziz Pipes was the worst loser, slumping by 8.05 per cent.

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