Tuesday, 24 May, 2022

Stocks maintain gaining streak

  • Staff Correspondent
  • 20 January, 2022 12:00 AM
  • Print news

Country's both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE), on Wednesday witnessed an upward trend like earlier as the optimistic investors continued to put fresh bets on sector-specific issues, beating Omicron worries.

DSEX, the prime index of DSE, went up by 33.72 points or 0.48 per cent to settle at 7,089. Two other indices also ended higher with the DSE 30 Index, comprising blue chips, rising 18.35 points to finish at 2,617 and the Shariah Index (DSES) gained 2.58 points to close at 1,509.

Turnover, a crucial indicator of the market, stood at Tk 17.35 billion, which was 1.34 per cent higher than the previous day's tally of Tk 17.12 billion.

Losers and gainers remained almost the same, as out of 379 issues traded, 170 declined, 169 advanced and 40 issues remained unchanged on the DSE floor.

Beximco was the most traded stock with shares worth Tk 1.77 billion changing hands, closely followed by Fortune Shoes (Tk 1.72 billion), Bangladesh Shipping Corporation (Tk 858 million), Saif Powertec (Tk 646 million) and ACI (Tk 414 million).

Global Heavy Chemicals was the day's top gainer, posting a 9.88 per cent ise while Eastern Lubricants was the day's worst loser, losing 12.50 per cent following its price adjustment after the record date.

The Chittagong Stock Exchange (CSE) also ended higher with the CSE All

 Share Price Index - CASPI -gaining 92 points to settle at 20,751 and the Selective Categories Index - CSCX-advancing 55 points to close at 12,465.

Of the issues traded, 133 advanced, 131 declined and 42 remained unchanged on the CSE.

The port-city bourse traded 12.86 million shares and mutual fund units with a turnover value of Tk 395 million.