Stocks go up

Staff Correspondent

10 May, 2021 12:00 AM printer

Stocks go up

Stocks on Sunday witnessed upward trend as major indices of both Dhaka and Chittagong Stock Exchanges were found rising with higher activities of some large-cap securities.

DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 39.68 points or 0.71 per cent to stand at 5,645 points.

Two other indices also closed higher with the DS30 index, comprising blue chips, gained 28.71 points or 1.34 per cent to reach at 2,165 points and the Shariah Index (DSES) advanced 9.31 points or 0.74 per cent to stand at 1,261 points.

Turnover on the DSE rose to Tk 13.52 billion, which was 9.03 per cent higher than the previous day’s turnover of Tk 14.86 billion.

Out of 365 issues traded, 176 advanced, 126 declined and 63 issues remained unchanged on the DSE trading floor.

A total number of 227,863 trades were executed in the day’s trading session with a trading volume of 459.16 million shares and mutual fund units.

Beximco - the flagship company of Beximco Group- was the most traded stock till then with shares worth Tk 1.22 billion changing hands, followed by National Feed Mills (Tk 593 million), Robi (Tk 590 million), Square Pharmaceuticals (Tk 455 million), British American Tobacco bangladesh Company (Tk 425 million) and NRB Commercial Bank (Tk 396 million).

Simtex Industries was the day’s top gainer, posting a 10 per cent gain, while Agrani Insurance Co was the worst loser, losing 9.89 per cent.

The Chittagong Stock Exchange (CSE) also ended marginally higher with the CSE All Share Price Index – CASPI –gaining 122 points to settle at 16,331 and the Selective Categories Index – CSCX advancing 73 points to close at 9,848.

Of the issues traded, 141 advanced, 96 declined and 37 remained unchanged on the CSE.

The port city’s bourse traded 23.32 million shares and mutual fund units with turnover value of Tk 663 million.