Big jump in DSE share prices in delayed trading

Price indices and trade turnover on Dhaka Stock Exchange have recorded a big jump, though trading began two hours late due to a technical glitch.

Staff Correspondentbdnews24.com
Published : 25 May 2015, 05:48 PM
Updated : 25 May 2015, 06:10 PM

DSE benchmark index DSEX gained 130.39 points – or 2.9 percent – to close at 4,615 on Monday.

Shares worth Tk 8.56 billion, the highest in the year, were traded in the day against Tk 3.43 billion on Sunday.

Trading on the main bourse began an hour and 45 minutes behind schedule on the second day of the week, like on the first day, due to a server fault.

The DSE was to sit with the software vendor NASDAQ that runs its trading floor, and other software companies late on Monday to solve the problem,.

DSE saw trading of 316 shares and mutual funds. Of them, 250 issues gained, 49 lost and 17 remained unchanged.

The DSES or Shariah Index increased 27 points to 1,108 and DSE30 by 54 points to 1,736.

All-share price index, CASPI, on Chittagong Stock Exchange (CSE), rose by around 308 points to 14,133.

The day’s turnover in CSE was over Tk 1.06 billion.

The number of shares traded on Tuesday was 245. Of them, 167 gained, 61 dropped and 17 retained earlier prices.

On Monday, trading at the DSE began around 12:15pm and continued until 4:15pm.

Trading was put on hold for about four hours on Sunday.

DSE usually remains open for trading for four hours from 10:30am.