Thursday, 8 December, 2022

Stocks register sharp gain

  • Staff Correspondent
  • 26 March, 2020 12:00 AM
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Stocks register sharp gain

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Country’s premier bourse, Dhaka Stock Exchange (DSE) registered a sharp gain on Wednesday, as it was the last session ahead of the 10-day general holiday announced by the government to contain the spread of novel coronavirus.

In line with the government holiday, trading and official activities will remain closed from March 26 to April 4, said a DSE press release.

The broad index, DSEX surpassed 4000-mark to close at 4008.28 points on Wednesday after seven days, with a sharp gain of 31.71 points or 0.79 percent.

Besides, two selective indices, Blue Chip index, DSE30 and Shariah index, DSES also went up by 7.05 points and 3.41 points to settle at 1330.83 points and 920.68 points respectively.

Market turnover, another crucial indicator, stood at Taka 3.48 billion Wednesday, which was much higher over previous day’s mark of Taka 1.39 billion.

On the DSE trading floor, a total number of 26,949 trades were executed in Wednesday’s trading session with a trading volume of 53.80 million securities.

Gainers took a lead over losers as out of 349 issues traded, 96 securities gained price while 17 declined and 236 remained unchanged.

The market-cap of DSE also jumped to Taka 3,122 billion, from Taka 3,108 billion in the previous session.

The top ten gainers were – ACI Formulation, Exim Bank, Standard Bank, Matin Spinning, Central Pharma, One Bank, Uttara Finance and Investment, National Life Insurance, United Commercial Bank and First Security Islami Bank.

Renata topped the turnover chart followed by Monno Ceramic, Southeast Bank, LafargeHolcim Bangladesh, Central Pharma, Orion Pharma, Mercantile Bank, Uttara Bank and IFIC Bank.

The top 10 losers were – Premier Cement, CAPM BDBL Mutual Fund-1, Bangladesh National Insurance, NCC Bank Mutual Fund-1, Asian Tiger Sandhani Life Growth Fund, Eastern Bank, BD Welding, Jute Spinners, Bay Leasing and Investment and Savar Refretories.

On the other hand, port city bourse, Chittagong Stock Exchange (CSE) also closed at green from the downbeat of previous day.

CSCX and CASPI increased by 46.66 points and 77.69 points to stand at 6859.89 points and 11328.00 points respectively.