Stocks bounce back

Staff Correspondent

14 July, 2021 12:00 AM printer

Stocks bounce back

Dhaka Stock Exchange bounced back and made an improved turnover on Tuesday after losses in the last session, as investors increased their participation in trading.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 57.63 points or 0.93 per cent to reach 6,266.

Two other indices saw an upward trend with the DS30 index, comprising blue chips, gained 14.71 points or 0.65 per cent to reach 2,273 and the Shariah Index (DSES) rose 7.27 points or 0.54 per cent to stand at 1,354 points.

Gainers took a strong lead over the losers, as out of 373 issues traded, 212 advanced, 129 declined and 32 issues remained unchanged on the DSE trading floor.

A total of 299,477 trades were executed in the day’s trading session with a trading volume of 612.68 million shares and mutual fund units.

The daily trade turnover stood at Tk 16.69 billion on the DSE, which was 4.33 per cent higher than the previous day’s lowest turnover of Tk 15.99 billion.

Beximco dominated the turnover chart with shares worth about Tk 1.81 billion changing hands, closely followed by Power Grid Company of Bangladesh (Tk 577 million), LafargeHolcim Bangladesh (Tk 470 million), Southeast Bank (Tk 321 million) and LankaBangla Finance (Tk 259 million).

Fine Foods was the day’s top gainer, rising 9.87 per cent, while Sonali Life Insurance Company was the worst loser, shedding 6.36 per cent.

The Chittagong Stock Exchange (CSE) fell with the CSE All Share Price Index – CASPI –gaining 179.63 points to settle at 18,220 and the Selective Categories Index – CSCX rising 103.87 points to close at 10,932.71.

Of the issues traded, 165 declined, 118 advanced and 27 issues remained unchanged on the CSE.

The port city’s bourse traded 29.30 million shares and mutual fund units with turnover value of Taka 577.39 million.