Stocks witness marginal gain

Staff Correspondent

17th September, 2020 08:37:42 printer

Stocks witness marginal gain

Dhaka Stock Exchange witnessed marginal gain on Wednesday as bargain hunters continued their appetite on sector-wise issues, driven by regulatory moves and resumption of economic activities.

DSEX, the key index of the DSE, went up by 16.26 points or 0.32 percent to settle at 5,116.81.

The DS30 index, comprising blue chips, surged 2.78 points or 0.16 percent to finish at 1,764.12 and the DSE Shariah Index dropped by 1.73 points or 0.15 percent to close at 1,168.84.

Turnover stood at Tk 11.47 billion on the country’s premier bourse, which was 15 per cent higher than the previous day’s turnover of Tk 9.95 billion.

Of the issues traded, 185 advanced, 120 declined and 51 issues remained unchanged on the DSE floor.

A total number of 228,668 trades were executed in the day’s trading session with a trading volume of 395.75 million shares and mutual fund units.

The market-cap on the premier bourse also rose to Tk 3,867 billion on Wednesday, from Tk 3,862 billion in the previous session.

Beximco Pharma continued to top the turnover chart with shares worth Tk 303 million changing hands, followed by United Power, Beximco, Brac Bank and City Bank.

HR Textile was the day’s best performer, posting a gain of 10 per cent, followed by Nitol Insurance Co, Ratanpur Steel Re-Rolling Mills, Bangladesh Finance and Investment Co, National Feed Mill, Simtex Industries and The City Bank.

Uttara Finance was the worst loser, losing 10.60 per cent, followed by Bangladesh Welding Electrodes, Pioneer Insurance Company, Shyampur Sugar Mills, Rupali Life Insurance Company, Savar Refractories and Eastern Insurance Company.

The Chittagong Stock Exchange also ended higher with its All Shares Price Index (CASPI)—gaining 60 points to close at 14,587 and the Selective Categories Index – CSCX advancing 29 points to close at 8,768.

Of the issues traded, 144 gained, 90 declined and 48 remained unchanged on the CSE.

The port city bourse traded 13.90 million shares and mutual fund units with turnover value of Tk 352 million.