DSE benchmark index crosses 6,000 points

The Dhaka Stock Exchange's benchmark index crossed and closed above 6,000 points yesterday—the first time since its introduction in January 2013—fuelled by buying pressure.

The DSEX gained over 32 points to close the week at 6006.43. The market was bullish throughout the week, giving an overall return of 2.57 percent.

Daily turnover stood at nearly Tk 853 crore, up from Tk 804 crore a day ago. The average daily turnover for the week was up 18.74 percent reflecting higher liquidity compared to last week.

“This week, the increase in average daily turnover volume was induced by active participation of investors,” said an analysis of Royal Capital Ltd, a market research firm.

According to the analysis, 11 sectors' return was positive this week compared to the previous week.

Ceramics, banks and financial institutions triggered the most in return generation. Engineering, IT and jute sectors fell.

Standard Ceramics, an A-category share, gained nearly 40 percent, the highest among all stocks traded last week.

Monno Ceramics, a B-category share, posted a 36-percent gain followed by three Z-category stocks—Zeal Bangla, Dula Mia Cotton and Imam Button—whose prices surged 28 percent, 26 percent and 25 percent respectively.

BBS Cables traded the most although no price sensitive information about the company was disclosed. Fortune came in second, followed by IFIC Bank and AB Bank.