Stocks rise for 3rd running session on brisk transactions
Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) rose for the third consecutive session on Monday as investors bought sector-wise large-cap shares.
DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), settled at 6,195, advancing 47.81 points or 0.78 per cent over the previous day.
The two other indices also ended higher. The DS30 index, comprising blue chips, soared 25.14 points or 1.11 per cent to finish at 2,285. The DSE Shariah Index (DSES) also gained 18.46 points or 1.30 per cent to settle at 1,428.
The market activities also crossed Tk 5.0 billion-mark after 12-session and the total turnover amounting to Tk 5.02 billion, which was 46 per cent higher than the previous day's turnover of Tk 3.44 billion.
The gainers took a modest lead over the losers as out of 333 issues traded, 150 closed higher, 126 lower and 57 issues remained unchanged on the DSE trading floor.
Square Pharmaceuticals topped the day's turnover chart for the third day in a row with 1.86 million shares worth Tk 618 million changing hands, followed by IFAD Autos, Grameenphone, Golden Harvest Agro Industries and BBS Cables.
Usmania Glass was the day's best performer, posting a gain of 9.90 per cent while Deshbandhu Polymer was the day's worst loser, plunging by 5.02 per cent.
The port city bourse Chittagong Stock Exchange (CSE) also ended higher with CSE All Share Price Index - CAPSI - advancing 164 points to finish at 19118.
The Selective Categories Index - CSCX - also soared 102 points to settle at 11,543.
Gainers beat losers as 117 issues closed higher, 81 lower and 40 issues remained unchanged on the CSE.
The port city bourse traded 5.66 million shares and mutual fund units worth more than Tk 220 million in turnover.