Stocks go up

Staff Correspondent

12 January, 2021 12:00 AM printer

Stocks go up

Stocks continued to gain for the second consecutive session on Monday, as investors continued their buying spree on large-cap issues amid optimism.

DSEX, prime index of Dhaka Stock Exchange (DSE), went up by 84.70 points or 1.50 percent to settle at 5,718 points.

The DS30 index, comprising blue chips, surged by 56.77 points or 2.75 per cent to finish at 2,123 points and the DSE Shariah Index gained 23.49 points or 1.84 percent to close at 1,297 points.

Turnover stood at Tk 16.76 billion on the country’s premier bourse, gaining further by 11.29 per cent over previous day’s turnover of Tk 15.06 billion.

Out of 360 issues traded, 128 advanced, 180 declined and 52 remained unchanged on the DSE trading floor.

A total number of 241,542 trades were executed in the day’s trading session with a trading volume of 574.916 million shares and mutual fund units.

Beximco continued to dominate the turnover chart with 23.46 million shares worth Tk 1.65 billion changing hands, followed by Beximco Pharma, LankaBangla Finance, LHBL and IFIC Bank.

Bangladesh Export Import Company was the day’s best performer, posting a gain of 10 per cent, closely followed Robi Axiata, Bangladesh Steel Re-Rolling Mills, Power Grid Company of Bangladesh, Shinepukur Ceramics, Paramount Insurance Company and CAPM BDBL Mutual Fund 01.

Sonali Aansh Industries was the worst loser, losing 7.16 per cent, closely followed by Olympic Accessories, First Finance, Vanguard AML Rupali Bank Balanced Fund, Prime Bank, Yeakin Polymer and Associated Oxygen.

The Chittagong Stock Exchange also ended higher with its All Shares Price Index (CASPI)—gaining 277 points to close at 16,665 while the Selective Categories Index – CSCX rising 164 points to close at 10,045.

Of the issues traded, 147 declined, 108 advanced and 35 remained unchanged on the CSE.

The port city bourse traded 29.58 million shares and mutual fund units with turnover value of more than Tk 743 million.