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DSE, CSE continue gain

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Commerce Reporter
Share price index at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) registered gain on Tuesday for the second consecutive session after suffering loss in four consecutive sessions earlier.
Trading at both the bourses began with positive outlook on Tuesday despite continued confrontation on the streets between the two major political alliances that left several people killed in last several days over the issue of election-time government.
After the last week’s 84-hour blockade, the second round of a 131-hour blockade by the BNP-led opposition are under way since Saturday morning in protest against the announcement of the election schedule without any political consensus. The street violence left 4 people killed on Tuesday alone.
On Tuesday, prices of most of the issues increased in both the bourses. The volume of trade in terms of value and number was remarkably higher at both DSE and CSE on the day than on Monday.
The DSE benchmark index, DSEX gained 112.79 points or 2.68 percent to reach 4310.72 at the close of the trading yesterday. Of the 286 issues traded, 247 gained, 29 declined and 10 remained unchanged.
Most of the traded issues of the day included those from insurance, textile, and banking sectors.
Shares worth Tk 541.53 crore changed hands at the DSE on the day against Tk 347.85 crore on Monday.
The day’s top 10 gainers at the DSE were Paramount Textile, Sun Life, Rangpur Foundry, Padma Life, Aramit Cement, Trust Bank, First Security Bank, Maksons Spinning, Prime 1st ISB, and Prime Life Insurance.
The CSE key index, CSCX gained 254.23 points to reach 8445.51 at the close yesterday. Of the 214 issues traded, 195 advanced, 15 suffered loss and 4 remained unchanged. The value of the traded issues was Tk 82.28 crore on the day against Tk 41.86 crore on Sunday.

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