Stocks bounce back

Staff Correspondent

9 June, 2021 12:00 AM printer

Stocks bounce back

Dhaka Stock Exchange gained on Tuesday after fall in a straight session and made a slightly dropped turnover.

DSEX, the prime index of the DSE, went up by 47.26 points or 0.79 per cent to finally settle at 6,023.

Two other indices also edged higher with the DSE 30 Index, comprising blue chips, advanced 0.86 points or 0.04 per cent to finish at 2,195 and the DSE Shariah Index (DSES) gained 1.12 point or 0.09 per cent to close at 1,290.

Turnover, a crucial indicator of the market, stood at Tk 20.66 billion, on the country’s premier bourse, dropping further by 0.84 per cent over previous day’s mark of Tk 20.83 billion.

Gainers took a modest lead over the losers, as out of 369 issues traded, 181 advanced, 145 declined and 43 remained unchanged on the DSE trading floor.

Beximco - the flagship company of Beximco Group- continued to dominate the turnover chart with shares worth about Tk 1.55 billion changing hands, followed by Pioneer Insurance Company (Tk 762 million), Fortune Shoes (Tk 543 million), LankaBangla Finance (Tk 483 million), National Feed Mill (Tk 424 million) and NRB Commercial Bank (Tk 401 million).

Islamic Finance & Investment was the day’s top gainer, posting 10 per cent gain, while M.I. Cement Factory was the worst loser, losing 4.28 per cent.

The Chittagong Stock Exchange (CSE) also ended marginally higher with the CSE All Share Price Index – CASPI –gaining 113 points to settle at 17,431 and the Selective Categories Index – CSCX rising 68 points to close at 10,504.

Of the issues traded, 148 advanced, 111 declined and 41 issues remained unchanged on the CSE.

The port city’s bourse traded 24.71 million shares and mutual fund units with turnover value of Tk 857 million.