Stocks rebound on both bourses

Published : 26 May 2022 09:02 PM

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

DSEX, the key index of Dhaka Stock Exchange (DSE), went up by 50.33 points or 0.81 per cent to settle at 6,237. Two other indices also ended higher.

 The DS30 index, comprising blue chips, rose 19.40 points to finish at 2,307 and the DSE Shariah Index (DSES) gained 10.24 points to close at 1,373.

Turnover, a crucial indicator of the market, however, remained low and total turnover stood at Tk 5.39 billion, which was 5.06 per cent higher than the previous day's tally of Tk 5.13 billion.

Out of 374 issues traded, 273 advanced, 61 declined, and 40 issues remained unchanged.

Beximco was the most-traded stock, closely followed by IPDC Finance, Fortune Shoes, BSC and BD Finance.

The Chittagong Stock Exchange (CSE) also ended higher with the CSE All Share Price Index (CASPI) gaining 118 points to settle at 18,280 and its Selective Categories Index (CSCX) rising 70 points to close at 10,966.

Of the issues traded, 132 advanced, 88 declined and 35 issues remained unchanged on the CSE trading floor.

The port-city bourse traded 5.20 million shares and mutual fund units with turnover value of Tk 136 million.