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DSEX crosses 7000-mark

DSEX crosses 7000-mark

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  • Staff Correspondent
  • 6 September, 2021 12:00 AM
  • Print news

DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), on Sunday crossed the 7,000-mark for the first time after the index was introduced more than eight years back in 2013.

DSEX, the prime index of the DSE, soared 71.76 points or 1.02 per cent to settle at more than 7,052 – the highest since its inception on January 27, 2013. Two other indices--the DSE 30 Index and the DSE Shariah Index (DSES) -- followed the suit to close at their new highs of 2,533 and 1,528, after rising 37.13 points and 19.98 points respectively.

The market capitalisation of the prime bourse also hit a fresh all-time high at Taka 5,692 billion on Sunday, surpassing the previous high of Taka 5,637 billion recorded on Thursday last.

Turnover, a crucial indicator of the market, climbed to Taka 28.68 billion on the country’s premier bourse in a further buck by 16 percent over the previous day’s mark of Taka 24.74 billion.

The gainers took a strong lead over the losers as out of 375 issues traded, 208 closed higher, 130 lower and 37 issues remained unchanged on the DSE trading floor during the week.

Beximco - the flagship company of Beximco Group-topped the turnover list, followed by LafargeHolcim, Beximco Pharma, LankaBangla Finance and Doreen Power.

ADN Telecom was the top gainer, posting a 10 percent rise while SEML FBLSL Growth Fund was the worst loser, losing 9.83 percent.

The Chittagong Stock Exchange (CSE) also ended higher with the CSE All Share Price Index – CASPI –soaring 234 points to settle at a historical high at 20,563 and the Selective Categories Index – CSCX rising 141 points to close at a record high at 12,324.

Of the issues traded, 198 advanced, 100 declined and 29 remained unchanged on the CSE trading floor.

The port city’s bourse traded 34.48 million shares and mutual fund units with a turnover value of Taka 952 million.