Saturday, 13 August, 2022

Stocks extend gaining streak

Country's both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on Wednesday also witnessed an upward trend like earlier as investors continued their buying spree on large-cap issues amid optimism.

DSEX, the key index of the Dhaka Stock Exchange (DSE), went up by 7.87 points or 0.12 per cent to settle at 6,350. The DS30 Index, comprising blue chips, also saw a fractional gain of 0.59 point to finish at 2,295. However, the DSE Shariah Index (DSES) dropped 0.24 points to close at 1,385, reports BSS.

Turnover, the crucial indicator of the market, stood at Tk 8.05 billion, which was 1.60 per cent lower than the previous day's tally of Tk 8.18 billion.

Losers took a modest lead over the gainers as out of 381 issues traded, 172 declined, 157 advanced and 52 remained unchanged on the DSE trading floor.

Anwar Galvanizing was the most-traded stock, closely followed by Shinepukur Ceramics, Beximco, BD Finance and Fu-Wang Food.

Newly listed Meghna Insurance was the top gainer, posting a 9.78 per cent gain while Progressive Life Insurance was the day's worst loser, losing 1.99 per cent.

The Chittagong Stock Exchange (CSE) also posted a modest rise with the CSE All Share Price Index - CASPI -gaining nearly 27 points to settle at 18,690 and the Selective Categories Index - CSCX -rising nearly 16 points to close at 11,203.

Of the issues traded, 135 declined, 116 advanced and 48 issues remained unchanged on the CSE.

The port city's bourse traded 11.64 million shares and mutual fund units with a turnover value worth nearly Tk 204 million.