Stocks continue gaining streak

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Country’s premier bourse, Dhaka Stock Exchange (DSE), sustained the gaining streak for the fourth consecutive session. The broad index, DSEX closed at 4781.47 points yesterday with a gain of 9.55 points or 0.20 per cent. Besides, the two selective indices, Blue Chip index, DSE30 and the Shariah index, DSES also went up by 6.44 points and 1.24 points to settle at 1664.35 points and 1090.81 points respectively. On the DSE trading floor, a total number of 95,238 trades were executed in yesterday’s trading session with a trading volume of 100.12 million securities. Investor’s participation was mostly concentrated on Engineering (13.5 per cent), Pharma (12.7 per cent) and General Insurance (12.2 per cent) sectors. Losers took a lead over the gainers as out of 331 issues traded, 135 securities gained price while 149 declined and 47 remained unchanged. Sector wise performance exposed that Financial Institute (2.5 per cent), IT (2.0 per cent) and Travel (1.8 per cent) sectors experienced highest price appreciation while Paper (-2.7 per cent), Service (-0.5 per cent) and Cement (-0.5 per cent) sectors experienced highest price correction in yesterday’s session, according to EBL Securities. The top 10 gainers were National Feeds, Sonarbangla Insurance, Dutch Bangla Bank, Fine Foods, Olympic Accessories, Tosrifa Industries, Eastern Insurance, Paramount Textile, LankaBangla Finance and Shurwid Industries. National Tubes topped the turnover chart followed by Sonarbangla Insurance, Zenex Infosil, Uttara Bank, Fortune Shoes, Square Pharma, Khulna Power, Bongas, Shuwrid Industries and Rupali Life Insurance. The top 10 losers were Genex Infosys, Progressive Life, Standard Ceramics, Savar Refractories, ICB Islami Bank, Beach Hatchery, National Tubes, Atlas Bangla, CAN Tex and Evince Textile. On the other hand, the port city bourse, Chittagong Stock Exchange (CSE), also closed in green maintaining the upbeat of the previous day. CSCX and CASPI also went up by 23.05 points and 37.11 points to stand at 8821.66 points and 14520.38 points respectively. At CSE, a total of 12,238,849 shares and mutual fund of 229 companies were traded, of which 87 issues advanced while 105 declined and 37 issues remained unchanged.

Source – The Independent BD.

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