Stocks return to green after four days

Staff Correspondent

30 October, 2020 12:00 AM printer

Stocks return to green after four days

Stocks returned to the green on Thursday, after remaining down in the past four trading sessions, as optimistic investors showed their buying appetite on sector-specific issues.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 7.58 points or 0.16 per cent to settle at 4,846.10 points.

The DS30 index, comprising blue chips, gained 14.63 points or 0.88 percent to finish at 1,680.13 points and the DSE Shariah Index surged 4.52 points or 0.41 percent to close at 1,098.80 points.

Turnover stood at Tk 9.63 billion on the country’s prime bourse against the previous session’s turnover of Tk 11.12 billion.

Out of 354 issues traded, 154 ended higher, 135 closed lower while 65 issues remained unchanged on the DSE trading floor.

A total number of 176,980 trades were executed in the day’s trading session with a trading volume of 374.59 million shares and mutual fund units.

Beximco Pharmaceuticals topped the turnover list with shares worth Tk 632.98 million changing hands, followed by Paramount Insurance Company, Provati Insurance Company, Global Insurance Company, Express Insurance and Pioneer Insurance Company.

Hwa Well Textiles (BD) was the day’s best performer, posting a gain of 11.28 per cent, closely followed by Khan Brothers PP Woven Bag Industries, Miracle Industries, Information Services Network, Kattali Textile and The Peninsula Chittagong.

Karnaphuli Insurance Company was the worst loser, losing 9.97 per cent, closely followed by Global Insurance Company, Nitol Insurance Co, Islami Insurance Bangladesh, Northern Islami Insurance and Janata Insurance Company.

The Chittagong Stock Exchange also gained with its All Shares Price Index (CASPI)—gaining 28 points or 0.20 percent to close at 13,824, while the Selective Categories Index – CSCX rising 14.91 points or 0.18 percent to close at 8,391.75.

Of the issues traded, 105 advanced, 101 declined and 50 remained unchanged on the CSE.

The port city bourse traded 16.08 million shares and mutual fund units with turnover value of more than Tk 354 million.