Stocks end week well

Staff Correspondent

7 May, 2021 12:00 AM printer

Stocks end week well

Stocks ended week with good vibes on Thursday as investors went on buying to purchase stocks at lower prices hoping rise in the upcoming week.

DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 17.18 points or 0.31 per cent to stand at 5,606 points.

Two other indices also closed higher with the DS30 index, comprising blue chips, gained 5.18 points or 0.24 per cent to reach at 2,137 points and the Shariah Index (DSES) advanced 2.26 points or 0.18 per cent to stand at 1,252 points.

Turnover on the DSE rose to Tk 14.86 billion, which was 6.27 per cent higher than the previous day’s turnover of Tk 13.99 billion.

Out of 360 issues traded, 180 advanced, 120 declined and 60 issues remained unchanged on the DSE trading floor.

A total number of 234,388 trades were executed in the day’s trading session with a trading volume of 503.93 million shares and mutual fund units.

Beximco - the flagship company of Beximco Group- was the most traded stock till then with shares worth Tk 1.07 billion changing hands, followed by Orion Pharma (Tk 542 million), Beximco Pharmaceuticals (Tk 450 million), National Feed Mills (Tk 422 million), and LankaBangla Finance (Tk 418 million).

Lub-rref (Bangladesh) was the day’s top gainer, posting a 10 per cent gain, while Eastern Bank was the worst loser, losing 14.65 per cent.

The Chittagong Stock Exchange (CSE) also ended marginally higher with the CSE All Share Price Index – CASPI –gaining 63 points to settle at 16,208 and the Selective Categories Index – CSCX advancing 36 points to close at 9,774.

Of the issues traded, 164 advanced, 90 declined and 34 remained unchanged on the CSE.

The port city’s bourse traded 22.85 million shares and mutual fund units with turnover value of Tk 569 million.