Stocks end week maintain gaining streak

Like previous nine consecutive sessions, country’s both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) closed trading at the last session of week maintaining the gaining streak as optimistic investors continued their buying binge on large-cap issues amid optimism, reports BSS.

DSEX, the key index of the DSE, today went up by 57.67 points or 1.33 percent to settle at 4,364.83. Two other indices also closed higher. The DS30 index, comprising blue chips, rose 23.46 points to finish at 1,475.88 and the DSE Shariah Index advanced 13.68 points to close at 1,011.11.

Turnover, another important indicator of the market, crossed the 8.0-billion-mark after more than one month and stood at Taka 8.36 billion on the country’s prime bourse, which was 16 percent higher than the previous day’s turnover of Taka 7.18 billion.

Of the issues traded, 219 advanced, 79 declined and 55 issues remained unchanged on the DSE floor.

A total number of 166,241 trades were executed in the day’s trading session with a trading volume of 315.84 million shares and mutual fund units.

The market-cap on the premier bourse also rose to Taka 3,336 billion from Taka 3,318 billion in the previous session.

Beximco Pharma topped the turnover chart followed by Bangladesh Submarine Cable Company, Pioneer Insurance, Beximco and VFS Thread Dyeing.

Pragati Life Insurance was the day’s best performer while Agrani Insurance was the worst loser.

The Chittagong Stock Exchange (CSE) also kept gaining with its All Shares Price Index (CASPI)—soaring 171 points to close at 12,401 and the Selective Categories Index – CSCX –rising 101 points to finish at 7,512.

Of the issues traded, 159 gained, 50 declined and 56 remained unchanged on the CSE.

The port city bourse traded 14.66 million shares and mutual fund units with turnover value of Taka 490 million.