Internet Edition. September 5, 2008, Updated: Bangladesh Time 12:00 AM 
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DSE back to 2800 marks after plunging for a day

UNB, Dhaka



The Dhaka Stock Exchange (DSE) benchmark index returned back to 2,800 points mark on Thursday, after plunging down the level for a day, as heavyweight shares salvaged the market since Wednesday's fall.

The country's premiere bourse registered slight gains on Thursday, despite the losers outnumbered the gainers and poor turnover as compared to the previous day.

Brokers said heavyweight stocks registered gains during the day's trading, salvaging the market from further decline.

The DSE General Index (DGEN) crossed the 2,800 mark to stand at 2,831 on Tuesday, but fell below the mark to stand at 2,797 at close on Wednesday.

The market continued to register a steady growth since August 20 till Tuesday after a bearish trend witnessed until August 19 when the benchmark index fell as low as 2,571 points.

The DSE General Index (DGEN), the benchmark index, rose about 6 points or 0.20 percent to close at 2,803 points on Thursday from 2,797 points at close on Wednesday while the All Shares Price Index (DSI) gained 7 points or 0.30 percent to close at 2,397 points.

Of the total 225 issues traded on the day, 129 incurred loss amid sales pressure while 82 issues gained and 14 remained unchanged.

The total turnover dropped significantly to Tk 2.37 billion on Thursday from Tk 2.69 billion on Wednesday.

Titas Gas, BEXIMCO, ACI, Beximco Pharma, ICB Islamic Bank, GRAMEENS2, Lankabangla Finance, Uttara Bank, ICB 2nd NRB and Islami Bank were the day's turnover leaders in terms of value.

The day's volume leaders were AIMS 1st Mutual Fund, GRAMEENS2, BEXIMCO, Titas Gas, Beximco Pharma, BD Com, Keya Cosmetics, Agni Systems, Lankabangla Finance and ICB 2nd NRB.

Top gainers of the day were ICB Islamic Bank, Dandy Dying, Alamin Chemicals, Titas Gas, Shyampur Sugar, Padma Print, 1st BSRS, Sajib Knit, Legacy Footwear and Gemini Sea Food.

Top losers were Maq Paper, BD Thai Aluminum, Maq Enterprise, Federal Insurance, Perfume Chemicals, Modern Cement, Purabi General Insurance, Rose Heaven, Sino Bangla and Niloy Cement.

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