Home ›› 09 Sep 2021 ›› Stock
The equity indices of the Dhaka Stock Exchange continued to scale new highs as the resumption of economic activities and positive regulatory stances lifted investors’ participation at the bourse.
DSEX, the benchmark index of the DSE, charged up 55.5 points or 0.78 per cent to settle at 7,196 points on Wednesday.
Throughout the last seven sessions, the index gained more than 373 points as buoyant investors continued to put fresh bets on major sector stocks riding on high hopes.
Meanwhile, the market capitalisation of the Dhaka bourse stood at the historically highest level of Tk 582,400 crore.
EBL Securities, in its daily market commentary, said that Square Pharma, a large capitalised stock, observed considerable buying pressure, helping the market ascend further.
However, the total turnover declined by 10.84 per cent and stood at Tk 2,555 crore.
On the sectoral front, textile (12.73 per cent), pharma & chemical (12.52 per cent), and fuel & power (12.33 per cent) issues were most demanded on the day, said the stock brokerage house.
Most of the sectors observed satisfactory performance, out of which jute (4.6 per cent), tannery (4.1 per cent), and paper (2.5 per cent) have exerted the most returns, while IT (-1.3 per cent), life insurance (-0.8 per cent), and engineering (-0.8 per cent) observed corrections on the bourse.
Out of the 374 issues traded, 152 advanced, 186 declined, and 36 remained unchanged.
Meantime, the port city bourse, CSE, charged up in green terrain.
The selected indices (CSCX) and All Share Price Index (CASPI) advanced by 110.9 points and 181.3 points respectively.
