Stocks on gaining streak

Staff Correspondent

12 May, 2021 12:00 AM printer

Stocks on gaining streak

Stocks extended the winning streak on Tuesday with the core index of the Dhaka Stock Exchange (DSE) crossed the 5,700-mark ahead of the Eid holiday.

DSEX, the prime index of the DSE, jumped 78.68 points or 1.39 per cent to settle at 5,724.

Two other indices also ended higher with the DSE 30 Index, comprising blue chips, advanced 28.76 points or 1.33 per cent to finish at 2,194.76 and the DSE Shariah Index (DSES) rose 10.41 points or 0.83 per cent to close at 1,271.90.

Turnover, a crucial indicator of the market, also soared to Tk 14.03 billion on the country’s premier bourse, in a further buck by 3.78 per cent over the previous day’s tally of Tk 13.52 billion.

Out of 362 issues traded, 218 advanced, 71 declined and 73 issues unchanged on the DSE trading floor.

A total number of 211,728 trades were executed in the day’s trading session with a trading volume of 456.22 million shares and mutual fund units.

The market cap of DSE also rose to Tk 4,886 billion on Tuesday, up from Tk 4,831 billion in the previous session.

Beximco - the flagship company of Beximco Group- continued to dominate the turnover chart with shares worth about Tk 1.20 billion changing hands, followed by Brac Bank (Tk 570 million), National Feed Mills (Tk 513 million), BATBC (Tk 445 million) and Robi (Tk 425 million).

The Chittagong Stock Exchange (CSE) also ended higher with the CSE All Share Price Index – CASPI –soaring 235 points to settle at 16,566 and the Selective Categories Index – CSCX rising 142 points to close at 9,990.

Of the issues traded, 176 advanced, 65 declined and 46 remained unchanged on the CSE.

The port city’s bourse traded 21.62 million shares and mutual fund units with a turnover value of Tk 536 million.