DGEN, turnover reach new high

The benchmark index of the Dhaka Stock Exchange reached a new height of 3,326 points yesterday, backed by price rallies in the fuel and power and non-banking financial institution (NBFI) sectors.
Earlier, the DSE General Index (DGEN) hit an all time high of 3309.52 points on Sunday.
The single-day turnover on the premier bourse also reached another new high of Tk 1245.17 crore yesterday, surpassing the previous record of Tk 1,216 crore on Monday.
The market started gaining about 27 points in the first forty-five minutes, reaching a peak of 3,333 points.
It then fell marginally, and remained more or less stable till the end of the session.
All but one of the fuel and power companies advanced, with Titas Gas gaining 3.45 percent, Desco 4.76 percent and Jamuna Oil 6.6 percent.
Except one, all the NBFIs also rose.
The broader DSE All Share Price Index increased 15.47 points, or 0.55 percent to 2,787.82.
Losers however beat advancers 126 to 111. A total of 6,20,69,925 shares and mutual fund units were traded on the prime bourse.
Titas Gas topped the turnover leaders with 18,96,950 shares worth Tk 133.44 crore being traded on the DSE.
Rangpur Foundry, which advanced 17 percent, was the largest gainer, while Meghna Pet, which declined 12.46 percent, was the biggest loser.
Chittagong stocks however closed mixed yesterday. The CSE Selective Categories Index dropped 187.06 points, or 2.53 percent to 7,194.64. The CSE All Share Price Index rose 35.61 points, or 0.33 percent to 11,462.28.