Stocks witness marginal gain

Staff Correspondent

29 March, 2021 12:00 AM printer

Stocks witness marginal gain

Stocks witnessed a marginal gain on Sunday 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 16.73 points or 0.31 per cent to settle at 5,343.

The DSE Shariah Index (DSES) also advanced 0.76 points or 0.06 per cent to close at 1,218 and the DSE30 Index, comprising blue chips, gained 1.29 points or 0.06 per cent to finish at 2,022.

Turnover, a crucial indicator of the market, dropped to Tk 3.83 billion, which was 21.65 per cent lower than the previous day’s turnover of Tk 4.88 billion.

Out of 350 issues traded, 84 declined, 134 advanced and 132 issues remained unchanged on the DSE trading floor.

A total number of 94,256 trades were executed in the day’s trading session with a trading volume of 120.99 million shares and mutual fund units.

Beximco - the flagship company of Beximco Group- was the most-traded stock with shares worth about Tk 318 million changing hands, followed by Beximco Pharma, Premier Bank, Robi, LankaBangla Finance and Rahima Food Corporation.

Nitol Insurance Co was the day’s top gainer, posting a gain of 9.02 per cent, closely followed by Prime Insurance Company, Purabi Gen. Insurance Company, Rahima Food Corporation and Dhaka Insurance.

Aman Cotton Fibrous was the worst loser, losing 9.31 per cent, closely followed by Meghna Pet Industries, Asian Tiger Sandhani Life Growth Fund, Padma Islami Life Insurance, Union Capital and Vanguard AML BD Finance Mutual Fund One.

The Chittagong Stock Exchange (CSE) also edged higher with the CSE All Share Price Index – CASPI –gaining 53.96 points to settle at 15,478 and the Selective Categories Index – CSCX advancing 33.95 points to close at 9,338.

Of the issues traded, 62 declined, 88 advanced and 62 remained unchanged on the CSE.

The port city’s bourse traded 6.56 million shares and mutual fund units with a turnover value of Tk 282 million.