Stocks bounce back

Staff Correspondent

5 March, 2021 12:00 AM printer

Stocks bounce back

Stocks bounced back on Thursday after losses in last session, as optimistic investors showed their appetite on sector-specific issues.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), advanced 27.71 points or 0.50 per cent to settle at 5,515.

The DSE 30 Index comprising blue chips went up by 20.38 points or 0.97 per cent to finish at 2,112 and the DSE Shariah Index (DSES) rose 5.96 points or 0.48 per cent to close at 1,248.

Turnover dropped to Tk 7.08 billion on the country’s premier bourse, declining by nearly 8.80 per cent over the previous day’s mark of Tk 7.76 billion.

Out of 357 issues traded, 100 advanced, 150 declined and 107 remained unchanged on the DSE trading floor.

A total number of 132,694 trades were executed in the day’s trading session with a trading volume of 173.22 million shares and mutual fund units.

The market-cap of DSE also rose to Tk 4,730 billion on Thursday, up from Tk 4,714 billion in the previous day.

Beximco continued to dominate the turnover chart with shares worth over Tk 887 million changing hands followed by Robi, Beximco Pharmaceuticals, GBBPOWER, BATBC and ORIONPHARM.

Rahima Food Corporation was the day’s best performer, posting a gain of 9.98 per cent while British American Tobacco bangladesh Company was the worst loser, losing 64.17 per cent.

The Chittagong Stock Exchange (CSE) also ended marginally higher with the CSE All Share Price Index – CASPI –gaining 60 points to settle at 15,976 and the Selective Categories Index – CSCX advancing 38 points to close at 9,633.

Of the issues traded, 80 gained, 105 declined and 65 remained unchanged on the CSE.

The port city’s bourse traded 13.55 million shares and mutual fund units with a turnover value of Tk 797 million.