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Stocks maintain positive trend


Bangladeshpost
Published : 20 Jan 2021 09:08 PM

Like the previous day, stocks on Wednesday witnessed positive trends in Dhaka and Chittagong stock exchanges as bargain hunters showed a buying spree on lucrative issues, reports BSS.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 6.75 points or 0.11 per cent to settle at 5,827. The DSE 30 Index comprising blue chips also advanced 4.10 points to finish at 2,207. However, the DSE Shariah Index (DSES) fell 1.78 points to close at 1,290.

Turnover, a crucial indicator of the market, rose to Taka 14.16 billion on the country’s premier bourse, rising 10 by per cent over the previous day’s mark of Taka 12.90 billion.

Losers took a modest lead over the gainers, as out of 355 issues traded, 159 declined, 121 advanced and 75 remained unchanged on the DSE trading floor.

Beximco topped the turnover chart with 17.10 million shares worth Taka 1.43 billion changing hands, closely followed by Robi Axiata, LankaBangla Finance, Summit Power and Beximco Pharmaceuticals.

The newly listed Energypac Power was the day’s best performer, posting a gain of 49.89 per cent while Dacca Dyeing was the worst loser, losing 9.21 per cent.

The Chittagong Stock Exchange (CSE) also ended higher with the CSE All Share Price Index – CASPI –advancing by 84 points to settle at 16,987 and the Selective Categories Index – CSCX gaining 52 points to close at 10,250. Of the issues traded, 121 advanced, 97 declined and 60 remained unchanged on the CSE.

The port city’s bourse traded 15.69 million shares and mutual fund units with turnover value of Taka 589 million.