The core index of the Dhaka Stock Exchange (DSE) exceeded 5,100-mark after more than a year on Tuesday riding on regulatory moves and gradual improvement of economic activities.
DSEX, the prime index of the DSE, went up by 8.40 points or 0.16 per cent to settle at 5,100.54 points
It was the highest level of DSEX in more than 12 months since August 28, 2019, when DSEX was 5,139.
The DSE key index surged 1,092 points or 27 per cent since the market reopened on May 31, 2020 after shutting down 66-day due to Covid-19 pandemic.
The market capitalisation added Tk 740 billion to reach at Tk 3,862 billion on Tuesday during the period under review.
Market operators said the market passed another volatile session as investors oscillated between optimism and profit booking stance throughout the session.
However, the optimistic investors continued their buying binge riding on sector-wise issues, driven by regulatory moves and resumption of economic activities, taking the index in green territory, they said.
Two other indices also edged higher. The DS30 index, comprising blue chips, gained 5.33 points to finish at 1,761 and the DSE Shariah Index advanced 0.14 point to close at 1,170.
Turnover, a crucial indicator of the market, came down below Tk 10 billion-mark and amounted to Tk 9.95 billion, which was 13 per cent lower than the previous day’s turnover of Tk 11.48 billion.
Losers outnumbered the gainers, as out of 355 issues traded, 174 closed lower, 128 ended higher while 53 issues remained unchanged on the DSE trading floor.
A total number of 206,287 trades were executed in the day’s trading session with a trading volume of 365.12 million shares and mutual fund units.
The market-cap on the premier bourse rose to Tk 3,862 billion on Tuesday, from Tk 3,852 billion in the previous session.
The pharmaceuticals sector continued to dominate the turnover chart with Beximco Pharma topped the chart with shares worth Tk 323 million changing hands, followed by Beximco, Brac Bank, Orion Pharma and Orion Infusion.
Asia Insurance was the best performer, posting a gain of 9.94 per cent while Shympur Sugar Mills was the worst loser, losing 9.90 per cent.
The Chittagong Stock Exchange also edged higher with its All Shares Price Index (CASPI)—gaining 13 points to close at 14,527 and the Selective Categories Index – CSCX advancing 16 points to close at 8,739.
Of the issues traded, 149 gained, 88 declined and 39 remained unchanged on the CSE.
The port city bourse traded 16.27 million shares and mutual fund units with turnover value of Tk 261 million.