Staff Reporter -- The turnover of Dhaka Stock Exchange (DSE) yesterday rose to a new height of Tk 9.42 billion pushing up the benchmark index to cross the 3,000 mark.
The DSE General Index (DGEN) rose 57 points or about 2 per cent to close at 3,010 on Tuesday from 2,953 on Monday. The benchmark index crossed the level after October 5 last year when it stood at 3,001 points.
The day's turnover rose to the new height of Tk 9.42 billion yesterday after it increased to Tk 8.34 billion on June 21.
Stock brokers said the rise in the stock market was a cumulative effect of an effort to turnaround from the bomb scare of Monday and the June closing of the banks, financial institutions and the mutual funds.
"It was a very good day as the investors were very active," CEO and Managing Director of Aims of Bangladesh Yawer Sayeed said, adding that the level the benchmark index crossed Tuesday is nothing worrisome.
He emphasized the need for ensuring supply side through bringing in new stocks to make the market sustainable.
"We don't need black money to make the market robust. White money is enough to do it," he said, replying to a question.
During the day's trading, the All Shares Price Index (DSI) increased 51 points or 2 per cent to close at 2,520 from 2,469 on the previous day while the DSE-20 index of selective shares rose 27 points or 1.10 per cent to close at 2,453 from 2,427 points.
Of the total 253 issues traded on the day, 179 registered gains, 68 incurred loss and six remained unchanged.
Market capitalisation increased to Tk 1.241 trillion from Tk 1.200 trillion on Monday.
BEXIMCO, Beximco Pharma, Titas Gas, Beximco Textiles, Summit Power, AB Bank, Mercantile Bank, Prime Finance, Shinepukur Ceramics and Lanka Bangla Finance were the day's turnover leaders in terms of value.
The day's volume leaders were Beximco Textiles, Beximco Pharma, Shinepukur Ceramics, AIMS 1st Mutual Fund, BEXIMCO, BD Online, GrameenS2, Agni Systems Limited, Mercantile Bank and Lanka Bangla Finance.
Top gainers of the day were Mercantile Bank, Savar Refractories, Premier Bank, South East Bank, Peoples Insurance, National Housing Finance, Shinepukur Ceramics, Jamuna Bank, National Life Insurance and Fu-Wang Foods.
Top losers were National Tea, Dulamia Cotton, Desh Garments, Dhaka Fish, Anlima Yarn, City General Insurance, Safko Spinning, Pragati Life Insurance, Kay & Que and Ambee Pharma.
Source: nation.ittefaq.com
