Bourses maintain gaining streak

Published : Thursday, 10 December, 2020 at 9:39 PM Count : 257

Country’s both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on Thursday 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 24.77 points or 0.48 per cent to settle at 5,094.66.

Two other indices also ended higher. The DS30 index, comprising blue chips, advanced 8.05 points to finish at 1,775.16 and the DSE Shariah Index gained 5.92 points to close at 1,169.53.

Turnover, a crucial indicator of the market, also hit nearly one month high to Taka 9.36 billion, which was nearly 13 per cent higher than the previous day’s turnover of Taka 8.25 billion.

Gainers took a modest lead over the losers as out of 357 issues traded, 154 ended higher, 113 lower and 90 issues remained unchanged on the DSE trading floor.

Beximco Pharma continued to dominate the turnover chart, followed by Beximco, Rupali Insurance, IFIC Bank and Fortune Shoes.

The newly listed Dominage Steel Building Systems was the day’s best performer, posting a gain of 9.78 per cent to close at Taka 35.90 each on Thursday. Its share price soared 259 per cent or Taka 25.90 each within a week after debut from its issue price of Taka 10 each.

Al-Haj Textile was the worst loser, losing 7.65 per cent following its ‘no’ dividend declaration news.

The Chittagong Stock Exchange also ended higher with its All Shares Price Index (CASPI)—gaining more than 71 points to close at 14,627 while the Selective Categories Index – CSCX advancing 43 points to close at 8,789.

Of the issues traded, 123 advanced, 88 declined and 64 remained unchanged on the CSE.

The port city bourse traded 17.12 million shares and mutual fund units with turnover value of nearly Taka 350 million.