Stocks on gaining streak

Staff Correspondent

8 July, 2020 12:00 AM printer

Stocks on gaining streak

Stocks continued an upward trend on Tuesday as major indices of both Dhaka and Chittagong Stock Exchanges were found rising with higher activities of some large-cap securities.

DSEX, the prime index of the DSE, went up by 7.16 points or 0.18 per cent to close at 4,001.81 points.

The DS30 index, comprising blue chips, advanced 3.75 points to reach at 1,346.48 points and DSE Shariah Index gained 1.89 points to settle at 923.85 points.

The daily turnover in value at DSE decreased to Taka 138.57 crore from Monday’s Taka 150.06 crore and the volume of shares rose to 5.02 crore from Monday’s 4.77 crore shares.

Of the total issues traded, 47 advanced, 36 declined and 229 remained unchanged.

A total number of 29,069 trades were executed in the day’s trading session with a trading volume of 50.16 million shares and mutual fund units.

The market-cap on the premier bourse also rose to Tk 3,122 billion on Tuesday, from Tk 3,120 billion billion in the previous session.

Beacon Pharma topped the turnover leaders followed by Beximco Pharma, Exim Bank, Orion Pharma and Progressive Life.

Paramount Insurance was the day’s best performer, posting a gain of 9.98 per cent, followed by United Insurance, Rupali Life, Agrani Insurance and Eastern Insurance, while Dhaka Insurance was the worst loser, losing 3.56 per cent, followed by Sonar Bangla Insurance, Phoenix Insurance, Fine Foods and Pubali Bank.

The Chittagong Stock Exchange (CSE) closed the day of the week with upward trend with its major CASPI 26.09 points up at 11,364.64.

At the CSE, 120 issues were traded. Of those, 27 closed higher and 14 closed lower while 17.25 lakh shares worth Taka 3.58 crore changed hands.