BSS
  28 Jun 2022, 17:59

Stocks maintain gaining streak

DHAKA, June 28, 2022 (BSS) - Country's both the bourses, Dhaka Stock Exchange
(DSE) and Chittagong Stock Exchange (CSE), today witnessed an upward trend
like earlier as investors continued their buying spree on large-cap issues
amid optimism.

Stocks edged higher for the second straight session as the bargain hunters
showed their buying interest on selective lucrative issues.

DSEX, the key index of the Dhaka Stock Exchange (DSE), went up by 22.25
points or 0.35 per cent to settle at 6,342. Two other indices also ended
marginally higher. The DSE 30 Index, comprising blue chips, advanced 9.37
points to finish at 2,294 and the DSE Shariah Index (DSES) rose 4.84 points
to close at 1,385.

Turnover, the crucial indicator of the market, also rose and total turnover
amounted to Taka 8.18 billion, which was 17 per cent higher than the previous
day's tally of Taka 7.0 billion.

Gainers took a strong lead over the losers as out of 382 issues traded, 199
advanced, 133 declined and 50 remained unchanged on the DSE trading floor.

Shinepukur Ceramics was the most-traded stock with shares worth Taka 368
million changing hands, closely followed by Beximco (Taka 291 million), Fu-
Wang Food (Taka 226 million), BD Finance (Taka 225 million) and Delta Life
Insurance (Taka 176 million).

Newly listed Meghna Insurance was the top gainer, posting a 9.94 per cent
gain while IPDC Finance was the day's worst loser, losing 2.0 per cent.

The Chittagong Stock Exchange (CSE) also saw modest rise with the CSE All
Share Price Index - CASPI -gaining 46 points to settle at 18,663 and the
Selective Categories Index - CSCX -gaining 24 points to close at 11,187.

Of the issues traded, 160 advanced, 97 declined and 36 issues remained
unchanged on the CSE trading floor.

The port city's bourse traded 28.55 million shares and mutual fund units with
turnover value worth nearly Taka 604 million.