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DSEX exceeds 6,800-mark to hit new high

  • Staff Correspondent
  • 23 August, 2021 12:00 AM
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DSEX exceeds 6,800-mark to hit new high

Stocks rebounded strongly with the prime index of the Dhaka Stock (DSEX) surpassing the 6,800-mark on Sunday, for the first time after the index was introduced more than eight years back in 2013.

DSEX, the core index of the DSE went up by 81.61 points or 1.20 per cent to settle at 6,842.

Along with the key index, two other indices--the DSE 30 Index and the DSE Shariah Index (DSES) -- followed the suit to close at their historical highs of 2,451 and 1,479, after rising 28.34 points and 18.38 points respectively.

The daily trade turnover on the DSE also increased to Taka 27.06 billion which was 22.19 billion at the previous session of the week.

On the DSE trading floor, a total number of 3,66,001 trades were executed in today’s trading session with a trading volume of 906 million securities.

The market capitalisation of the prime bourse also hit a fresh all-time high at Tk 5,544 billion on Sunday, surpassing the previous high of Tk 5,512 billion recorded just five days back. The gainers took a strong lead over the losers as out of 376 issues traded, 247 advanced, 96 declined and 33 remained unchanged on the DSE trading floor.

Beximco - the flagship company of Beximco Group-topped the turnover list with shares worth Tk 1.54 billion changing hands, followed by LafargeHolcim (Tk 902 million), First Security Islami Bank (Tk 672 million), IFIC Bank (Tk 622 million) and LankaBangla Finance (Tk 538 million).

Low-cap companies continued to dominate the gainers’ list with Aziz Pipes was the day’s top gainer, posting a 10 per cent rise, closely followed by Sonargaon Textiles Ltd, Associated Oxygen Limited, Metro Spinning Ltd, Ring Shine Textiles Limited, Al-Haj Textile Mills Limited, Janata Insurance Company Ltd, South Bangla Agriculture & Commerce Bank Limited, Purabi Gen. Insurance Company Ltd and Express Insurance Limited.

Malek Spinning Mills was the worst loser, losing 4.33 per cent, closely followed by Pioneer Insurance Company Ltd, Reliance Insurance Ltd, Safko Spinnings Mills Ltd, Fu-Wang Ceramic Industries Ltd, National Housing Fin. and Inv. Ltd, Shyampur Sugar Mills Ltd, Paramount Insurance Company Ltd, Mercantile Insurance Co. Ltd and Green Delta Insurance Ltd.

The Chittagong Stock Exchange (CSE) also ended higher with the CSE All Share Price Index – CASPI –soaring 208 points to settle at 19,921 and the Selective Categories Index – CSCX rising 121 points to close at 11,942.

Of the issues traded, 171 advanced, 37 declined and 17 remained unchanged on the CSE trading floor.

The port city’s bourse traded 14.89 million shares and mutual fund units with turnover value of Tk 297 million.