Stocks on gaining streak

Staff Correspondent

5 January, 2021 12:00 AM printer

Stocks on gaining streak

Stocks at the country’s premiere bourse gained on Monday, as the optimistic investors continued their buying appetite despite coronavirus vaccine import uncertainty news following India’s ban for a few months.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 33.36 points or 0.59 per cent to settle at 5,652 points.

The DSE 30 Index, comprising blue chips, also gained 12.82 points or 0.62 per cent to finish at 2,091 points. However, the DSE Shariah Index (DSES) dropped 1.64 points or 0.13 per cent to close at 1,297 points.

Out of 362 issues traded, 157 closed green, 142 in the red and 63 remained unchanged on the DSE trading floor.

Turnover, a crucial indicator of the market, stood at Tk 21.93 billion on the country’s premier bourse, climbing further by 14 per cent over the previous day’s mark of Tk 19.25 billion.

The total market-cap of DSE surged to Tk 4,687 billion, hitting a fresh all-time high on Monday.

Beximco topped the turnover chart with 40.36 million shares worth Tk 2.53 billion changing hands, followed by Beximco Pharma, LankaBangla Finance, LafargeHolcim and IFIC Bank.

AIBL First Islamic Mutual Fund was the day’s best performer, posting a gain of 10 per cent while BD Finance was the worst loser, losing 7.74 per cent.

The Chittagong Stock Exchange (CSE) also ended higher with the CSE All Share Price Index – CASPI –advancing 107 points to settle at 16,372 and the Selective Categories Index – CSCX gaining 60 points to close at 9,871.

Of the issues traded, 147 advanced, 104 declined and 40 remained unchanged on the CSE.

The port city’s bourse traded 43.19 million shares and mutual fund units with a turnover value of Tk 815 million.