Wednesday, 5 October, 2022

Stocks sustain gaining streak

Stocks sustain gaining streak

Stocks on Monday sustained the gaining streak with the key index of the major bourse crossing the 6,600-mark as the buoyant investors continued their buying interest in sector-wise issues anticipating positive momentum ahead.

DSEX, the key index of the DSE (DSE), went up by 65.74 points or 1.0 per cent to settle at 6,600.88. Two other indices also ended higher. The DS30 Index, comprising blue-chip companies, rose 42.59 points to close at 2,406 and the DSES Index advanced 15.72 points to finish at 1,451, reports BSS.

Turnover, a crucial indicator of the market, jumped to Taka 19.90 billion on the premier bourse, which was 10 per cent higher than the previous day's tally of Taka 18.14 billion.

Losers, however, took a lead over the gainers, as of the 371 issues traded, 155 declined, 88 advanced and 128 others remained unchanged on the DSE trading floor.

Beximco became the most-traded stock with shares worth Taka 2.79 billion changing hands.

The Chittagong Stock Exchange (CSE) also ended higher with the CSE All Share Price Index (CASPI) rising 193 points to settle at 19,394 and its Selective Categories Index (CSCX) gaining 116 points to close at 11,624.

Of the issues traded, 94 declined, 72 advanced and 103 issues remained unchanged.

The port-city bourse traded 17.17 million shares and mutual fund units with a turnover value of Taka 934 million.