Stocks go up

Staff Correspondent

3 March, 2021 12:00 AM printer

Stocks go up

Dhaka Stock Exchange continued to gain for the second consecutive session on Tuesday, as optimistic investors continued their appetite on sector-wise stocks.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 81.44 points or 1.50 per cent to settle at 5,508.

The DSE 30 Index, comprising blue chips, advanced 38.75 points or 1.87 per cent to finish at 2,108 and the DSE Shariah Index (DSES) rose 16.66 points or 1.36 per cent to close at 1,245.

Turnover, a crucial indicator of the market, soared to Tk 8.34 billion, which was 35 per cent higher than the previous day’s turnover of Tk 6.18 billion.

Out of 359 issues traded, 233 advanced, 42 declined and 84 remained unchanged on the DSE trading floor.

A total number of 156,394 trades were executed in the day’s trading session with a trading volume of 216.96 million shares and mutual fund units.

The market-cap of DSE also rose to Tk 4,722 billion on Tuesday, up from Tk 4,671 billion in the previous day.

The top positive index contributors were Robi, Beximco, Beximco Pharma, BATBC and LankaBangla Finance, according to data from amarstock.com, a stock market data analyst.

British American Tobacco Bangladesh topped the turnover chart ahead of a record date with shares worth about Tk 1.05 billion changing hands, followed by Beximco (Tk 984 million), Beximco Pharma (Tk 633 million), Robi (Tk 546 million) and LankaBangla Finance (Tk 339 million).

Peninsula Chittagong was the day’s best performer, posting a gain of 10 per cent while Padma Life Insurance was the worst loser, losing 3.72 per cent.

The Chittagong Stock Exchange (CSE) also saw a sharp rise with the CSE All Share Price Index – CASPI –soaring 310 points to settle at 15,997 and the Selective Categories Index – CSCX rising 184 points to close at 9,644.

Of the issues traded, 168 gained, 27 declined and 45 remained unchanged on the CSE.


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