Home ›› 17 Jun 2022 ›› Stock
The Dhaka Stock Exchange (DSE) witnessed a brisk trading activity on Thursday with the turnover crossing Tk 1,000 crore for the first time in nearly one month.
The benchmark DSEX index gained over 51 points or 0.80 per cent to close at 6,425, extending its winning streak for the second straight session.
Two other indices—the Shariah-based DSES moved up 13 points or 0.98 per cent to 1,403. The blue-chip comprising the DS30 index saw a rise of 26 points to 2,327.
The turnover stood at Tk 1,046 crore—the highest level not seen before May 16, 2022 when it was Tk 1,024 crore.
“The market is showing signs of reversing the declining trend, backed by supportive fiscal policy measures, including tax cuts for export-oriented businesses and other sector-specific advantages for listed companies,” said EBL Securities in a note.
The market pullers included Beximco Pharmaceuticals, Beximco, British American Tobacco Bangladesh Company, Square Pharmaceuticals, SAIF Powertec, Reneta, Lafarge Holcim Bangladesh and Grameenbphone.
On the sectorial front, textile (15.3 per cent) issues exerted the highest turnover followed by miscellaneous (12.8 per cent), ceramic (10 per cent), pharmaceutical (9.8 per cent) and engineering (9.4 per cent) stocks.
Most of the sectors displayed positive returns, out of which services (6 per cent), travel (2 per cent), pharma (1.2 per cent), jute and financial (1.1 per cent) sectors generated some positive returns while paper (-0.4 per cent) and general Insurance (-0.2 per cent) exerted the most negative returns on the bourse Thursday. Out of the 386 issues traded, 198 advanced, 135 declined, and 53 remained unchanged.
The top gainers included Megna Insurance, Monno Fabrics, SAIF Powertec, Express Insurance Limited, Dominage, United Insurance and Beximco Pharmaceuticals.
The port city bourse, CSE, also, settled in green terrain. The selected indices (CSCX) and All Share Price Index (CASPI) have advanced by 74.8 and 125.3 points respectively.
