Stocks maintain gaining streak

Country’s both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) today also witnessed 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 20.59 points or 0.40 per cent to settle at 5,147.02. Two other indices also ended higher. The DS30 index, comprising blue chips, advanced 14.45 points to finish at 1,813.20 and the DSE Shariah Index rose 11.88 points to close at 1,192.51.

Turnover, a crucial indicator of the market, however, fell slightly to Taka 9.79 billion, which was more than 2.40 per cent lower than the previous day’s turnover of Taka 10.03 billion.

Losers, however, took a modest lead over the gainers, as out of 358 issues traded, 166 ended lower, 122 higher and 70 issues remained unchanged on the DSE trading floor.

Beximco topped the turnover chart with 21.07 million shares worth Tk 678 million changing hands, followed by Beximco Pharma, Dominage Steel, IFIC Bank and SS Steel.

Dominage Steel Building Systems was the day’s best performer, posting a 9.89 per cent gain while Aman Feed was the worst loser, losing 10 per cent.

The Chittagong Stock Exchange (CSE) also ended higher with its All Shares Price Index (CASPI)-gaining nearly 100 points to close at 14,786 while the Selective Categories Index – CSCX advanced 60 points to close at 8,905.

Of the issues traded, 118 declined, 96 advanced and 53 remained unchanged on the CSE.

The port city bourse traded 17.78 million shares and mutual fund units with a turnover value of nearly Taka 756 million.

Source: BSS