Stocks rebound on both bourses

Published : 27 Dec 2021 10:15 PM | Updated : 28 Dec 2021 06:21 PM

After witnessing a downward trend in the three sessions, stocks on Monday rebounded in the Dhaka and Chittagong stock exchanges as investors remained active on sector-wise issues.

After witnessing volatility, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 39.34 points or 0.59 per cent to settle at 6,669.22. Two other indices also ended higher with the DSE 30 Index, comprising blue chips, rose 16.04 points to finish at 2,504 and the DSE Shariah Index (DSES) advanced 8.77 points to close at 1,417.64. 

Gainers took a strong lead over the losers, as out of 378 issues traded, 196 advanced, 142 declined and 40 issues remained unchanged on the DSE trading floor. 

However, daily trade turnover plunged to Taka 7,451.02 million on the country's premier bourse which was Taka 8,856.14 million at the previous session of the week. 

Beximco dominated the turnover chart, closely followed by BSC, Asian Insurance, GENEXIL and Beximco Pharma. Prime Insurance was the day's top gainer, rising 10 per cent, while MEGCONMILK was the worst loser, shedding 4.05 per cent. 

The Chittagong Stock Exchange (CSE) also rebounded with the CSE All Share Price Index - CASPI -gaining 153.13 points to settle at 19,421.38 and the Selective Categories Index - CSCX rising 92.74 points to close at 11,668.87. 

Of the issues traded, 105 declined, 156 advanced and 38 issues remained unchanged on the CSE.  The port city's bourse traded 1.63 crore shares and mutual fund units with turnover value of Taka 43.72 crore.

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