Stocks maintain positive trend

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DHAKA, Dec 2, 2020 (BSS) – Stocks today also maintained the upward trend as major indices of both Dhaka and Chittagong Stock Exchanges were found rising with higher activities of some large-cap securities.

DSEX, the key index of the Dhaka Stock Exchange (DSE), went up by 30.90 points or 0.63 per cent to settle at 4,934.86. Two other indices also ended higher. The DS30 index, comprising blue chips, advanced 9.47 points to finish at 1,704.98 and the DSE Shariah Index rose 6.26 points to close at 1,126.62.

Turnover, a crucial indicator of the market, rose to Taka 8.41 billion, which was 27 per cent higher than the previous day’s turnover of Taka 6.63 billion.

Gainers took a strong lead over the losers as out of 355 issues traded, 153 ended higher, 106 closed lower while 96 issues remained unchanged on the DSE trading floor.

Beximco topped the turnover list with 17.53 million shares worth Taka 448 million changing hands, closely followed by National Feed Mills, Beximco Pharma, Bangladesh Submarine Cable, and Nitol Insurance.

Summit Alliance Port was the day’s best performer, posting a gain of 9.92 per cent while ACI was the worst loser, losing 8.36 per cent following its price adjustment after the record date.

The Chittagong Stock Exchange also ended higher with its All Shares Price Index (CASPI)—gaining 67 points to close at 14,158 while the Selective Categories Index – CSCX rising 40 points to close at 8,527.

Of the issues traded, 109 advanced, 82 declined and 59 remained unchanged on the CSE.

The port city bourse traded 10.13 million shares and mutual fund units with a turnover value of more than Taka 241 million.