Breaking the two-day losing streak, the stocks rebounded strongly on Monday as the investors went for buying spree on large-cap issues.
Following the previous two days’ price fall, the market opened on a high note which continued until the end of the session with no signs of reversal.DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 97.45 points or 1.78 per cent to settle at 5,545.
The day’s turnover reached Tk 10.82 billion-mark once again, soaring by 35 percent over the previous day. The figure on Sunday was Tk 8.01 billion.
The DS30 index, comprising blue chips, soared 46.15 points or 2.19 per cent to finish at 2146 and the DSE Shariah Index rose 21.60 points to close at 1,260.
Out of 351 issues traded, 226 advanced, 34 declined and 91 remained unchanged on the DSE trading floor.
A total number of 169,157 trades were executed in the day’s trading session with a trading volume of 217.78 million shares and mutual fund units.
Total market capitalisation jumped to Tk 4,748 billion on Monday, from Tk 4,656 billion on the previous day.Beximco dominated the turnover chart with shares of Tk 2.38 billion changing hands, followed by British American Tobacco, LankaBangla Finance, Beximco Pharma and Robi Axiata.
Bay Leasing was the day’s best performer, posting a gain of 10 percent while Golden Son was the worst loser, losing 5.0 percent.
The Chittagong Stock Exchange (CSE) also ended higher with its All Shares Price Index (CASPI)—soaring 287 points to close at 16,073 while the Selective Categories Index – CSCX rising 175 points to close at 9,699.
Of the issues traded, 146 advanced, 44 declined and 38 remained unchanged on the CSE.
The port city bourse traded 11.88 million shares and mutual fund units with turnover value of more than Tk 399 million.