Wednesday, 7 December, 2022

Stocks maintain gaining streak

  • Staff Correspondent
  • 29 December, 2020 12:00 AM
  • Print news
Stocks maintain gaining streak

Stocks extended the winning streak for the fourth straight sessions on Monday, as investors remained active on major sectors stocks.

DSEX, the prime index of Dhaka Stock Exchange (DSE), went up by 15.73 points or 0.29 per cent to settle at 5,344.

The DS30 index, comprising blue chips, gained 8.57 points or 0.45 percent to finish at 1,924 and the DSE Shariah Index rose 4.87 points or 0.39 per cent to close at 1,231.

Turnover, a crucial indicator of the market, stood at Tk 13.47 billion on the country’s premier bourse, falling by 12 per cent over the previous day’s six months highest turnover of Tk 15.29 billion.

Total market-cap of DSE surged to Tk 4,418 billion on Monday, hitting an all-time high, driven by the Robi issue. The previous day’s market-cap was also a record Tk 4,393 billion.

Out of 361 issues traded, 154 advanced, 142 declined and 65 remained unchanged on the DSE trading floor.

A total number of 232,457 trades were executed in the day’s trading session with a trading volume of 470.19 million shares and mutual fund units.

Beximco continued to dominate the turnover chart with 27.81 million shares worth Tk 1.30 billion changing hands, followed by IFIC Bank, Beximco Pharma, LankaBangla Finance and Square Pharma.

BD Finance was the day’s best performer, posting a gain of 10 per cent, while Mozzafar Hoassin Spinning Mills was the worst loser, losing 6.79 per cent.

The Chittagong Stock Exchange (CSE) also edged higher with its All Shares Price Index (CASPI)—gaining 47 points to close at 15,407 while the Selective Categories Index – CSCX rising 29 points to close at 9,292.

Of the issues traded, 132 advanced, 117 declined and 43 remained unchanged on the CSE.

The port city bourse traded 17.66 million shares and mutual fund units with a turnover value of more than Tk 471 million.