DSEX crosses 6300, fuelled by bank, mega-cap stocks

All indices of the Dhaka Stock Exchange (DSE) started trading on a firm note, extending the gain for the 4th straight session on Wednesday.

Bank and financial stocks and large-cap companies led the rally today on the news that banks’ exposure limit on the stock market will be counted at the purchase rate, not market prices.

After one hour into the trade, the benchmark index of DSE, DSEX increased over 73 points or 1.18 percent to 6,332.

Among other indices, the shariah-based DSES was up by 14 points or 1.09 percent and the blue-chip DS-30 rose by 27 or 1.21 percent.

Over Tk 440 crore worth of shares transacted so far in DSE, where Beximco, Delta Life, Fortune Shoes, Malek Spinning, Makson Spinning and Robi were the top traded stocks.

Earlier, on Tuesday, DSEX gained by 85 points or 1.38 percent to 6,249.

Among other indices, the shariah-based DSES rose by 15.27 points or 1.13 percent and the blue-chip DS30 increased by 30.01 points or 1.36 percent.

The DSE had a turnover of Tk 1183.74 crore, where most of the stocks increased.