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Stocks mark upward trend in both Dhaka and Ctg bourses

Stocks 2022-02-06, 9:44pm

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Dhaka Stock Exchange Logo



Dhaka, Feb 06 - Both the bourses of Bangladesh, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE), on Sunday witnessed an upward trend like earlier as investors put fresh bets on large-cap stocks.

DSEX, the prime index of the DSE, went up by 40.77 points or 0.58 per cent to settle at 7,064. DSEX added around 137 in the past four trading days. Two other indices also ended higher.

The DS30 index, comprising blue chips, rose 19.19 points to finish at 2,611 and the DSE Shariah Index also gained 9.75 points to close at 1,513.

Turnover, an important indicator of the market, stood at Tk 13.35 billion, which was 5.86 per cent higher than the previous day's tally of Tk 12.61 billion.

Losers, however, took a modest lead over the gainers, as out of 380 issues traded, 177 declined, 155 advanced and 48 issues remained unchanged on the DSE trading floor.

A total number of 250,891 trades were executed in the day's trading session with a trading volume of 280.16 million shares and mutual fund units.

The market capitalisation of the DSE stood at Tk 5,670 billion on Sunday, up from the previous day's mark of Tk 5,621 billion.

Beximco - the flagship company of Beximco Group- topped the turnover chart with shares worth Tk 1.04 billion changing hands, followed by Bangladesh Shipping Corporation (Tk 960 million), BATBC (Tk 578 million), ACME Laboratories (Tk 525 million), and Bangladesh Building Systems (Tk 455 million).

Reliance Insurance was the day's top gainer, posting a gain of 9.95 per cent while BD Thai Aluminum was the worst loser, losing 6.45 per cent.

The Chittagong Stock Exchange also ended higher with its All Shares Price Index (CASPI)-rising 138 points to close at 20,715 while the Selective Categories Index - CSCX gained 84 points to close at 12,443.

Of the issues traded 150 advanced, 130 declined and 27 issues remained unchanged on the CSE.

The port city’s traded 16.52 million shares and mutual fund units with a turnover value of Tk 534 million. – GreenWatch News Desk with agency