Stocks go up

Staff Correspondent

15 December, 2020 12:00 AM printer

Stocks go up

Stocks at the premiere bourse kept gaining on Monday as investors put a fresh stake on stocks amid growing confidence in the market.

DSEX, the key index of the Dhaka Stock Exchange (DSE), went up by 20.59 points or 0.40 per cent to settle at 5,147 points.

The DS30 index, comprising blue chips, advanced 14.45 points or 0.80 percent to finish at 1,813 points and the DSE Shariah Index rose 11.88 points or 1.01 percent to close at 1,192 points.

Turnover fell slightly to Tk 9.79 billion, which was more than 2.40 per cent lower than the previous day’s turnover of Tk 10.03 billion.

Out of 358 issues traded, 166 ended lower, 122 higher and 70 issues remained unchanged on the DSE trading floor.

A total number of 187,418 trades were executed in the day’s trading session with a trading volume of 356.99 million shares and mutual fund units.

The DSE market–cap also rose to Tk 4,168 billion on Monday, hitting more than 21 months high since March 19, last year when market-cap recorded Tk 4,177 billion.

Beximco topped the turnover chart with 21.07 million shares worth Tk 678 million changing hands, followed by Beximco Pharma, Dominage Steel, IFIC Bank and SS Steel.

Dominage Steel Building Systems was the day’s best performer, posting a 9.89 per cent gain while Aman Feed was the worst loser, losing 10 per cent.

The Chittagong Stock Exchange (CSE) also ended higher with its All Shares Price Index (CASPI)—gaining nearly 100 points to close at 14,786 while the Selective Categories Index – CSCX advanced 60 points to close at 8,905.

Of the issues traded, 118 declined, 96 advanced and 53 remained unchanged on the CSE.

The port city bourse traded 17.78 million shares and mutual fund units with a turnover value of nearly Tk 756 million.