Stocks end week well

Staff Correspondent

31 July, 2020 12:00 AM printer

Stocks end week well

Dhaka Stock Exchange ended week with good vibes on Thursday as investors continued their appetite for sector-wise issues following the central bank’s expansionary monetary policy statement.

DSEX, the key index of the Dhaka Stock Exchange, went up by 43.22 points or 1.03 per cent to close at 4,214.42 points during the four hours trading.

The DS30 index, comprising blue chips, gained by 18.84 points or 1.34 percent to settle at 1,420.63 points and the DSE Shariah Index increased by 11.84 points or 1.22 percent to close at 976.49 points.

Turnover amounted to Tk 5.80 billion on the country’s prime bourse, which is higher than the previous day’s Tk 3.99 billion.

Of the total issues traded, 128 remained unchanged, 162 advanced and 58 declined on the DSE floor.

A total number of 121,017 trades were executed in the day’s trading session with a trading volume of 178.72 million shares and mutual fund units.

The market-cap on the premier bourse also rose to Tk 3,257 billion on Thursday, from Tk 3,233 billion in the previous session.

Beximco Pharma topped the turnover chart with shares worth Taka 281 million changing hands, closely followed by Pioneer Insurance Company, Bangladesh Submarine Cable Company, Grameenphone, Square Pharmaceuticals and Eastern Insurance Company.

Agni Systems was the day’s best performer, posting a gain of 10 per cent, followed by Peoples Insurance Company, Pioneer Insurance Company, Eastern Insurance Company, United Insurance and Fu Wang Food.

GQ Ball Pen Industries was the worst loser, losing 4.83 per cent, followed by Padma Islami Life Insurance, Tallu Spinning Mills, Premier Cement Mills, Matin Spinning Mills and Linde Bangladesh.

The Chittagong Stock Exchange also backed to the green with its All Shares Price Index (CASPI)—gaining 82.24 points to close at 11,957.06 points and the Selective Categories Index – CSCX –advancing 49.72 points to finish at 7,250.15 points.

Of the issues traded, 98 gained, 42 declined and 94 remained unchanged on the CSE.

The port city bourse traded 5.29 million shares and mutual fund units with a turnover value of Taka 118 million.