Stocks witness marginal gain

Staff Correspondent

30 April, 2021 12:00 AM printer

Stocks witness marginal gain

Stocks witnessed a marginal gain on Thursday as bargain hunters showed their buying appetite riding on the regulatory move and expected corporate declaration by some listed companies.

DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), went up by 18.27 points or 0.33 per cent to settle at 5,479.

Two other indices also ended marginally higher. The Shariah Index (DSES) rose 0.78 points or 0.06 per cent to finish at 1,249, while the DS30 index, comprising blue chips, went down 1.45 points or 0.07 per cent to close at 2,110.

Turnover on the DSE rose to Tk 11.73 billion, which was 24.73 per cent higher than the previous day’s turnover of Tk 9.40 billion.

Out of 351 issues traded, 152 advanced, 128 declined and 71 issues remained unchanged on the DSE trading floor.

A total number of 174,439 trades were executed in the day’s trading session with a trading volume of 287.16 million shares and mutual fund units.

Beximco -- the flagship company of Beximco Group -- continued to dominate the turnover chart with shares worth about Tk 1.56 billion changing hands, followed by Beximco Pharma (Tk 444 million), British American Tobacco Bangladesh Company (Tk 387 million), National Feed Mill (Tk 371 million), LafargeHolcim Bangladesh (Tk 354) and LankaBangla Finance (Tk 255 million).

Provati Insurance Company was the day’s top gainer, posting a 9.97 per cent gain while Fareast Finance & Investment was the worst loser, losing 5.88 per cent.

The Chittagong Stock Exchange (CSE) also ended marginally higher with the CSE All Share Price Index – CASPI –gaining 54 points to settle at 15,844 and the Selective Categories Index – CSCX advancing 33 points to close at 9,560.

Of the issues traded, 119 advanced, 98 declined and 51 remained unchanged on the CSE.

The port city’s bourse traded 12.09 million shares and mutual fund units with turnover value of Tk 571 million.