DSE red from profit booking

Staff Correspondent

14 July, 2020 12:00 AM printer

The Dhaka Stock Exchange (DSE), the country's premier bourse, fell on Monday as the optimistic investors continued their buying spree to book profit amid growing confidence.

DSEX, the key index of the Dhaka Stock Exchange, lost 9.91 points or 0.24 percent to close at 4,089 points during four hours trading.

The DS30 index, comprising blue chips, went down 7.64 points or 0.55 percent to settle at 1,376 points and the DSE Shariah Index dropped 4.02 points or 0.42 percent to finish at 950 points.

Turnover stood at Tk 3.78 billion on the country’s prime bourse on Monday.

Of the total issues traded, 57 advanced, 127 declined and 164 remained unchanged on the DSE floor.

A total of 83,302 trades were executed in the day’s trading session with a trading volume of 119.29 million shares and mutual fund units.

The market-cap on the premier bourse also declined to Tk 3,164 billion on the day, from Tk 3,178 billion in the previous session.

Square Pharmaceuticals topped the turnover chart with shares worth Tk 204 million changing hands, followed by Khulna Power Company, Beximco Pharmaceutical, Orion Pharma, LafargeHolcim Bangladesh, and Bangladesh Submarine Cable.

Paramount Insurance Company was the day’s best performer, posting a gain of 9.92 per cent, followed by GQ Ball Pen, Hakkani Pulp & Paper Mills, Sonar Bangla Insurance and United Commercial Bank, while Aramit Cement was the worst loser, dropping 6.92 percent, followed by ML Dyeing, SEML FBLSL Growth Fund, Familytex (BD), and The Dacca Dyeing & Manufacturing.

The Chittagong Stock Exchange also ended higher with its All Shares Price Index (CASPI)—advancing 5.84 points to close at 11,606 and the Selective Categories Index - CSCX –gaining 4.17 points to finish at 7,033.

Of the issues traded, 43 gained, 66 declined and 92 remained unchanged on the CSE.

The port city bourse traded 6.86 million shares and mutual fund units with turnover value of Tk 131 million.