DSE manages modest gain

Staff Correspondent

10 November, 2020 12:00 AM printer

DSE manages modest gain

Dhaka Stock Exchange (DSE) posted a modest gain on Monday, as investors mostly followed cautious stance amid corporate declarations of most of the companies.

DSEX, the key index of the Dhaka Stock Exchange, went up by 4.42 points or 0.09 per cent to settle at 4,928 points.

The DS30 index, comprising blue chips, gained 1.06 points or 0.06 percent to finish at 1,719 points and the DSE Shariah Index advanced 4.42 points or 0.39 percent to close at 1,121 points.

Turnover stood at Tk 8.81 billion, which was 12 per cent higher than the previous day’s turnover of Tk 7.86 billion.

Out of 355 issues traded, 139 ended lower, 129 higher while 87 issues remained unchanged on the DSE trading floor.

A total number of 170,163 trades were executed in the day’s trading session with a trading volume of 348.52 million shares and mutual fund units.

The market capitalisation of DSE remained unchanged to Tk 3,997 billion on Monday over the previous session.

Beximco Pharma continued to dominate the turnover chart with 5.94 million shares worth Tk 807 million changing hands, followed by Beximco, SS Steel, Brac Bank and ADN telecom.

Khan Brothers PP Woven Bag Industries was the day’s best performer, posting a gain of 10 per cent, closely followed by Miracle Industries, Associated Oxygen, aamra networks, National Feed Mill and Deshbandhu Polymer.

Shinepukur Ceramic was the worst loser, losing 6.79 per cent, closely followed by Delta Spinners, International Leasing & Financial Services, Zahintex Industries, Paramount Insurance Company and NCCBL Mutual Fund-1.

However, the Chittagong Stock Exchange ended marginally lower with its All Shares Price Index (CASPI)—losing 22 points to close at 14,119 while the Selective Categories Index – CSCX shedding 12 points to close at 8,496.

Of the issues traded, 106 advanced, 104 declined and 53 remained unchanged on the CSE.

The port city bourse traded 10.87 million shares and mutual fund units with turnover value of Tk 238 million.