Stocks sustain gaining steak

Staff Correspondent

5 August, 2020 12:00 AM printer

Stocks sustain gaining steak

Dhaka Stock Exchange continued to gain for the eighth consecutive sessions on Tuesday as optimistic investors continued their buying appetite on sector-wise issues.

DSEX, the key index of the Dhaka Stock Exchange, went up by 27.29 points or 0.64 per cent to close at 4,299.11 points during the four hours trading.

The DS30 index, comprising blue chips, gained by 12.10 points or 0.83 percent to settle at 1,454.88 points and the DSE Shariah Index increased by 6.57 points or 0.66 percent to close at 999.71 points.

Turnover amounted to Tk 6.76 billion on the country’s prime bourse, which is higher than the previous day’s Tk 6.72 billion.

Of the total issues traded, 91 remained unchanged, 147 advanced and 116 declined on the DSE floor.

A total number of 151,867 trades were executed in the day’s trading session with a trading volume of 250.86 million shares and mutual fund units.

The market-cap on the premier bourse also rose to Tk 3,312 billion on Tuesday, from Tk 3,287 billion in the previous session.

Pioneer Insurance topped the turnover chart with shares worth Taka 240 million changing hands, closely followed by Beximco Pharma, Square Pharma, Lafarge Holcim, and Grameen phone.

FAS Finance & Investment was the day’s best performer, posting a gain of 10 per cent, followed by Pioneer Insurance Company, Rupali Bank, Silco Pharmaceuticals, Active Fine Chemicals and Peoples Insurance Company.

Simtex Industries was the worst loser, losing 5 per cent, followed by Coppertech Industries, Prime Textile Spinning Mills, Progressive Life Insurance Co, Dragon Sweater and Spinning and GQ Ball Pen Industries.

The Chittagong Stock Exchange also ended higher with its All Shares Price Index (CASPI)—gaining 64 points to close at 12,186 and the Selective Categories Index – CSCX –advancing 37 points to finish at 7,385.

Of the issues traded, 98 gained, 86 declined and 70 remained unchanged on the CSE.

The port city bourse traded 8.78 million shares and mutual fund units with a turnover value of Taka 170 million.