Stocks end FY20 maintaining gaining streak

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DHAKA, June 30, 2020 (BSS) – Country’s both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) closed trading at the last session of outgoing fiscal 2019-20, maintaining the gaining streak as many investors showed appetite due to quarterly earnings disclosures.

At DSE, the broad index, DSEX settled at 3989.08 points on Tuesday with a gain of 7.44 points or 0.18 percent.

The DSEX added 26.44 points in the past six consecutive sessions.

Besides, two selective indices, Blue Chip index, DSE30 and Shariah index, DSES also went up by 5.47 points and 1.51 points to settle at 1340.98 points and 925.08 points respectively.

On the DSE trading floor, a total number of 24,223 trades were executed in today’s trading session with a trading volume of 53.40 million securities.

On the other hand, DSE’s turnover, a crucial indicator of the market, stood at Taka 5.55 billion from Taka 1.54 billion in the previous session.

Gainers took lead over losers as out of 286 issues traded, 38 securities gained price while 24 declined and 224 remained unchanged.

The market-cap of DSE increased slightly to 3,119 which was Taka 3,116 billion in the previous session.

The top 10 gainers were Fine Foods, Ambee Pharma, BSCCL, National Bank, Phoenix Finance First Mutual Fund, NCC Bank, City Bank, ACME Lab, Beximco Pharma and Jamuna Bank.

Beximco Pharma topped the turnover chart followed by BSCCL, Central Pharma, Square Pharma, Indo-Bangla Pharma, ACME Lab, Linde Bangladesh, Jamuna Bank, Wata Chemical and Al-Arafa Islami Bank.

The 10 top losers were Key Cosmetics, Tallu Spinning, Zahin Spinning, Dhaka Dying, Tung Hi Knitting, Generation Next, Apollo Ishpat, Delta Spinners, Mutual Trust and ICB Employee Provident Mutual Fund.

On the other hand, port city bourse, Chittagong Stock Exchange (CSE) also closed trading at green extending the gaining streak of previous session.

CSCX and CASPI rose by 15.28 points and 23.77 points to stand at 6862.14 points and 11332.58 points respectively.

At CSE, a total of 8,615,602 shares and mutual funds of 135 companies were traded, of which 25 issues advanced while 16 declined and 94 issues remained unchanged.