The New Nation - Internet Edition

UNB, Dhaka

Dhaka Stock Exchange (DSE) bounced back on Tuesday following two days of sharp fall amid investors bid to take position on a falling market on profit expectation.

During the day's trading, the DSE General Index (DGEN), the benchmark index, rose 36 points or 1.30 percent to close at 2,769 points from 2,733 points on Monday.

The DGEN got a sharp upward trend in the morning session rising to the day's peak nearly at 2,800 points at 11:15 am.

The All Shares Price Index (DSI) increased 28 points or 1.24 percent to close at 2,294 points while DSE-20 index for selective shares rose 25 points or 1.09 percent to close at 2,341 points.

Of the total 231 issues traded on the day, only 142 registered gains while 80 incurred losses and nine remained unchanged.

The day's total turnover declined to Tk 2.26 billion from Tk 2.81 billion on Monday while market capitalisation increased marginally to Tk 981 billion from Tk 972 billion on Monday.

Beximco Pharma, Titas Gas, BEXIMCO, Lankabangla Finance, ACI, GRAMEENS2, Square Pharma, Quasem Dry Cell, DESCO and ICB 2nd NRB were the day's turnover leaders in terms of value.

The day's volume leaders were AIMS 1st Mutual Fund, Beximco Pharma, Quasem Dry Cell, GRAMEENS2, Fu Wang Foods, Miracle Industries, Golden Son, Beximco Textiles, BEXIMCO and In Tech Online.

Kay and Que, Imam Button, United Insurance, Shyampur Sugar, Anwar Galvanizing, Islamic Finance, 8th ICB, Apex Footwear, Ibne Sina and Pragati Life Insurance were the top gainers of the day.

Top losers were Miracle Industries, Libra Infusion, Ranga Food, Chittagong Vegetables, Safko Spinning, Gachihata, BD Autocars, Tallu Spinning, Lexco and Quasem Dry Cell.

Meanwhile, Aziz Pipes and Hakkani Pulp and Paper informed the DSE on Tuesday that they have no undisclosed price sensitive information that caused recent "unusual" price hike of the shares.

Standard Ceramics recommended cash dividend at 5 per cent for the year 2007-08 while Ashraf Textiles and Modern Cement did not recommend any dividend as the companies apprised the DSE on Tuesday.