Tuesday, 19 October, 2021

Stocks on gaining streak

  • Staff Correspondent
  • 20 July, 2021 12:00 AM
  • Print news
Stocks on gaining streak

Dhaka Stock Exchange continued to gain for the fifth consecutive session on Monday, as investors increased their participation in trading ahead of Eid-ul-Azha.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 39.93 points or 0.63 per cent to reach 6,405.

Two other indices saw an upward trend with the DS30 index, comprising blue chips, gained 16.35 points or 0.71 per cent to reach 2,322 and the Shariah Index (DSES) rose 8.38 points or 0.61 per cent to stand at 1,387 points.

Gainers took a strong lead over the losers, as out of 372 issues traded, 159 advanced, 179 declined and 34 issues remained unchanged on the DSE trading floor.

A total of 237,550 trades were executed in the day’s trading session with a trading volume of 455.53 million shares and mutual fund units.

The daily trade turnover stood at Tk 12.64 billion on the DSE, which was 29.48 per cent lower than the previous day’s lowest turnover of Tk 17.93 billion.

SAIF Powertec dominated the turnover chart with shares worth about Tk 284.05 billion changing hands, closely followed by British American Tobacco bangladesh Company (Tk 238 million), Fu-Wang Ceramic Industries (Tk 234 million), Power Grid Company of Bangladesh (Tk 186 million) and Beacon Pharmaceuticals (Tk 176 million).

Baraka Patenga Power was the day’s top gainer, rising 10 per cent, while Pioneer Insurance Company was the worst loser, shedding 7.72 per cent.

The Chittagong Stock Exchange (CSE) fell with the CSE All Share Price Index – CASPI –gaining 190.21 points to settle at 18,569 and the Selective Categories Index – CSCX rising 117.21 points to close at 11,147.66.

Of the issues traded, 148 declined, 138 advanced and 27 issues remained unchanged on the CSE.

The port city’s bourse traded 18.65 million shares and mutual fund units with turnover value of Taka 441.48 million.