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Stocks continue uptrend after Eid holidays

TBP Desk
03 Aug 2020 15:02:17 | Update: 03 Aug 2020 18:11:08
Stocks continue uptrend after Eid holidays

Following the upward movement in the last session, both the bourses in Dhaka and Chattogram opened and ended higher amid rising trading activities on Monday, the first working day after the Eid vacation.

DSEX, the broad index of the Dhaka Stock Exchange (DSE), went up by 57.39 points or 1.36 per cent to settle at 4272 during the four hours of trading.

Among the two other indices, the DSE Shariah Index (DSES) rose 16.64 points to close at 993. The DS30 index, comprising blue chips, also witnessed a climb of 22.15 points to finish at 1443 points.

Turnover, another important indicator of the market, stood at Taka 6.7 billion on the country’s prime bourse, Taka 914.546 million up from that of the previous working day.

Of the 355 issues traded, 101 remained unchanged while 192 issues advanced and 62 declined on the DSE floor.

A total number of 143,216 trades were executed in the day’s trading session with a trading volume of 240.96 million shares and mutual fund units.

Square Pharma topped the turnover chart followed by Beximco Pharma, Pioneer Insurance, Beximco and Standard Insurance.

Active Fine Chemicals was the day’s best performer, followed by Navana CNG, United Insurance, Agrani Insurance and Silco Pharmaceuticals.

The Chittagong Stock Exchange (CSE) also ended higher with its All Shares Price Index (CASPI)—gaining 165.24 points to close at 12,122 and the Selective Categories Index – CSCX – rising 97.64 points to finish at 7348.

Of the 246 issues traded, 144 gained, 27 declined and 75 remained unchanged on the CSE.

7.12 million shares and mutual fund units were traded at the CSE with a turnover value of Taka 138.31 million.

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