Sunday, 5 December, 2021

Stocks keep rising to hit new peaks

  • Staff Correspondent
  • 4 October, 2021 12:00 AM
  • Print news

Stocks extended the winning with three indices of the Dhaka Stock Exchange (DSEX) hit new highs on Sunday, despite most of the issues lost prices.

DSEX, the prime index of the DSE, went up by 27 points or 0.37 per cent to settle at 7,356–the highest since its inception nearly nine years back on January 27, 2013.

Two other indices followed suit to close at their historical highs. The DSE 30 Index, comprising blue-chip, jumped 31.19 points or 1.15 per cent to finish at 2741 and the DSE Shariah Index (DSES) gained 1.88 points or 0.12 per cent to finish at 1,593.

Turnover, another important indicator of the market, stood at Tk 24.39 billion on the prime bourse, which was 2.58 per cent lower than the previous day’s tally of Tk 25.02 billion.

Out of 376 issues traded, 216 closed lower, 109 higher and 51 issues remained unchanged on the DSE trading floor.

A total of 311,087 trades were executed in the day’s trading session with a trading volume of 519.56 million shares and mutual fund units.

LafargeHolcim Bangladesh topped the DSE turnover list for the three consecutive days with shares worth Tk 1.29 billion changing hands, closely followed by Beximco (Tk 1.14 billion), Orion Pharma (TK 1.09 billion), LankaBangla Finance (Tk 806 million) and Delta Life Insurance (Tk 578 million).

Fortune Shoes was the day’s top gainer, posting a 9.17 per cent gain while eastern Insurance was the worst loser, losing 9.97 per cent.

The Chittagong Stock Exchange (CSE), also ended higher with the CSE All Share Price Index – CASPI –gaining 133 points to settle at 21,510 and the Selective Categories Index – CSCX rising 81 points to close at 12,917.

Of the issues traded, 177 declined, 118 advanced and 26 remained unchanged on the CSE trading floor.

The port city’s bourse traded 20.88 million shares and mutual fund units with a turnover value of Tk 791 million.