DSE index crosses 6,600 points after four months

Dhaka stocks rose yesterday amid increased participation of investors although many shares did not find any buyer for a long time.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 65 points, or 1 per cent, to 6,600.

The DS30, the index that consists of blue-chip companies, edged up 1.80 per cent to 2,406 while the DSES, the shariah-based index, was up 1 per cent at 1,451.

Turnover in the DSE soared around 9.7 per cent from the previous day to hit Tk 1,989 crore yesterday.

At the DSE, 88 stocks up, 155 down and 128 remained unchanged.

Miracle Industries topped the gainers' list with a 10 per cent rise followed by shares of four companies with over 9 per cent jump.

The four are: Bangladesh Shipping Corporation, Atlas Bangladesh, National Tubes and Orion Pharmaceuticals.

Sonargaon Textiles suffered the highest correction, sliding 9.13 per cent. Each share of Northern Insurance, Bangladesh National Insurance, Sonali Anash Industries and Hakkani Pulp also declined more than 5 per cent.

The Caspi, the all-share price index of the Chattogram Stock Exchange, gained 193 points, or 1 per cent to end at 19,393.

Of the issues that traded on the bourse in the port city, 72 advanced, 94 declined, and 103 did not show any price movement.