DSE gains, CSE falls

Staff Correspondent

5 May, 2021 12:00 AM printer

DSE gains, CSE falls

Dhaka stocks opened higher on Tuesday as bargain hunters showed their buying appetite riding on the regulatory move and better-than-expected corporate declarations by some companies.

DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), advanced 24.12 points or 0.44 per cent to settle at 5,535.

Two other indices also ended marginally higher. The Shariah Index (DSES) went up by 1.08 points or 0.09 per cent to finish at 1,249 and the DS30 index, comprising blue chips, surged 2.67 points or 0.12 per cent to close at 2,118.

Turnover on the DSE rose to Tk 13.56 billion, which was 16.93 per cent higher than the previous day’s turnover of Tk 11.59 billion.

Out of 355 issues traded, 141 advanced, 147 declined and 67 issues remained unchanged on the DSE trading floor.

A total number of 188,917 trades were executed in the day’s trading session with a trading volume of 359.34 million shares and mutual fund units.

Beximco -- the flagship company of Beximco Group -- continued to dominate the turnover chart with shares worth about Tk 1.59 billion changing hands, followed by LafargeHolcim Bangladesh (Tk 522 million), LankaBangla Finance (Tk 492 million) and Beximco Pharma (Tk 331 million).

Rupali Life Insurance Company was the day’s top gainer, posting a 10 per cent gain, while The Dacca Dyeing & Manufacturing Co was the worst loser, losing 7.37 per cent.

The Chittagong Stock Exchange (CSE) also ended marginally higher with the CSE All Share Price Index – CASPI –gaining 37 points to settle at 15,991 and the Selective Categories Index – CSCX advancing 22 points to close at 9,645.

Of the issues traded, 112 advanced, 107 declined and 42 remained unchanged on the CSE.