Stocks go up

Staff Correspondent

24 March, 2021 12:00 AM printer

Stocks go up

Stocks witnessed a marginal gain on Tuesday after high volatility, as investors remained cautious amid a rising trend of Covid-19 infected patients in recent days.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 1.53 points or 0.02 per cent to settle at 5,413.

The DSE Shariah Index (DSES) also edged up by 1.64 points or 0.13 to close at 1,237. However, the DSE30 Index, comprising blue chips, lost 3.29 points or 0.16 per cent to finish at 2,063.

Turnover, a crucial indicator of the market, dropped to Tk 6.31 billion, which was 9 per cent lower than the previous day’s turnover of Tk 6.93 billion.

Out of 345 issues traded, 138 declined, 93 advanced and 114 issues remained unchanged on the DSE trading floor.

A total number of 139,985 trades were executed in the day’s trading session with a trading volume of 161.41 million shares and mutual fund units.

The market-cap of DSE dropped to Tk 4,700 billion on Tuesday, up from Tk 4,723 billion in the previous session.

Beximco - the flagship company of Beximco Group- was the most-traded stock with shares worth about Tk 611 million changing hands, followed by Beximco Pharma, Robi, LankaBangla Finance, and BATBC.

The insurance companies dominated the day’s gainer chart as all top 10 gainers were belonging to the insurance sector.

Continental Insurance was the day’s top gainer, posting a gain of 9.97 per cent while Aziz Pipes was the worst loser, losing 6.65 per cent.

The Chittagong Stock Exchange (CSE) also edged higher with the CSE All Share Price Index – CASPI –gaining 6.28 points to settle at 15,671 and the Selective Categories Index – CSCX advancing 4.92 points to close at 9,453.

Of the issues traded, 97 declined, 77 advanced and 59 remained unchanged on the CSE.

The port city’s bourse traded 9.13 million shares and mutual fund units with a turnover value of Tk 235 million.