DSEX surged 30 points, turnover fell 15%

DSEX, the benchmark index of the Dhaka Stock Exchange (DSE) surged by 30 points to settle at 5,615 points today (2 May) after a day's holiday.

Also, other indices such as the DSE Shariah Index gained 4.92 points to reach 1,232 points and DS30 index gained 12.55 points to settle at 2,007 points.

However, turnover at the DSE fell by 15% to Tk710 crore.

Today, stocks opened in a positive note as investors were active in buying shares.

During the whole trading session, most of the stocks saw price increase.

At the end of the session, price of 207 stocks increased, 140 stocks declined and 48 stocks price remained unchanged.

Sino Bangla Industries topped the gainer list with a gain of 9.95% to Tk44.2 each, followed by Apex Tannery by 9.94% to Tk102.8 each, and Miracle Industries by 9.94% to Tk38.7 each.

Rupali Bank was on the top loser list as its shares lost 15.07% to Tk23.1 each, followed by SBAC Bank by 5% to Tk7.6 each, and South East Bank by 4.71% to Tk10.1 each.

Basically, any stock price may decline by 3% in day as the Bangladesh Securities and Exchange Commission (BSEC) fixed the limit.

But Rupali Bank, SBAC Bank and South East Bank's shares declined more than the cap because of for the corporate declaration.

After the corporate declaration of any listed company, there were no price limit. So, share prices of the three banks' declined over their corporates declaration.