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Stocks maintain winning streak amid rising turnover

Published : Tuesday, 29 December, 2020 at 7:31 PM  Count : 177

Stocks maintain winning streak amid rising turnover

Stocks maintain winning streak amid rising turnover


Country’s both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on Tuesday also witnessed upward trend like earlier as investors remained active on major sectors issues.

DSEX, the prime index of Dhaka Stock Exchange (DSE), went up by 14.24 points or 0.26 per cent to settle at 5,358. It has been the highest since July 4, 2019, when DSEX was 5,380.

Two other indices also edged higher. The DS30 index, comprising blue chips, gained 12.31 points to finish at 1,936 and the DSE Shariah Index rose 1.81 points to close at 1,233.

Turnover, a crucial indicator of the market, stood at Taka 13.83 billion on the country’s premier bourse, rising by 2.75 per cent over the previous day’s turnover of Taka 13.47 billion.

Losers took a modest lead over the gainers as out of 363 issues traded, 168 advanced, 130 declined and 65 remained unchanged on the DSE trading floor.

A total number of 226,838 trades were executed in the day’s trading session with a trading volume of 481.04 million shares and mutual fund units.

Beximco continued to dominate the turnover chart with 25.84 million shares worth Taka 1.34 billion changing hands, followed by Beximco Pharma, IFIC Bank, LankaBangla Finance and BD Finance.

Eastern Cables was the day’s best performer, posting a gain of 9.99 per cent, while GQ Ball Pen was the worst loser, losing 7.39 per cent.

The Chittagong Stock Exchange (CSE) also closed higher with its All Shares Price Index (CASPI)—gaining 68 points to close at 15,475 while the Selective Categories Index – CSCX rising 40 points to close at 9,332.

Of the issues traded, 117 declined, 106 advanced and 62 remained unchanged on the CSE.

The port city bourse traded 19.79 million shares and mutual fund units with a turnover value of more than Taka 427 million.

BSS/GY



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