Stocks on gaining streak

Staff Correspondent

22 June, 2021 12:00 AM printer

Stocks on gaining streak

Stocks continued to gain for the fifth consecutive session on Monday as investors continued their buying appetite.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 56.00 points or 0.92 percent to settle at 6,125.

Two other indices also edged higher with the DSE 30 Index, comprising blue chips, advanced 13.59 points or 0.62 percent to finish at 2,220 and the DSE Shariah Index (DSES) gained 8.98 points or 0.69 percent to close at 1,305.

Turnover amounted to Tk 20.43 billion, which was 11.34 per cent lower than the previous day’s tally of Tk 18.35 billion.

Losers took a modest lead over the gainers, as out of 372 issues traded, 119 declined, 224 advanced and 29 issues remained unchanged on the DSE trading floor.

A total number of 291,726 trades were executed in the day’s trading session with a trading volume of 634.02 million shares and mutual fund units.

The market cap of DSE rose to Tk 5,131 billion on Monday, up from Tk 5,099 billion in the previous session.

Beximco topped the turnover chart with shares worth Tk 1.12 billion changing hands, closely followed by Malek Spinning Mills (638 million), National Feed Mills (607 million), Maksons Spinning Mills (Tk 574 million), Fortune Shoes (Tk 505) and BBS Cables (Tk 404 million).

Alif Industries was the day’s top gainer, posting a 9.92 percent gain while Sea Pearl Beach Resort & Spa was the worst loser, losing 9.89 percent.

The Chittagong Stock Exchange (CSE) also edged higher with the CSE All Share Price Index – CASPI –gaining 178 points to settle at 17,762 and the Selective Categories Index – CSCX rising 106.08 points to close at 10,689.

Of the issues traded, 96 declined, 195 advanced and 18 issues remained unchanged on the CSE.

The port city’s bourse traded 29.54 million shares and mutual fund units with a turnover value of Tk 793 million.