BSS
  05 Jul 2022, 18:00

Stocks rebound on both bourses


 
DHAKA, July 05, 2022 (BSS) - After witnessing a downward trend in the two
sessions, stocks today rebounded in the Dhaka and Chittagong stock exchanges
as investors remained active on sector-wise issues.
 
DSEX, the key index of the Dhaka Stock Exchange (DSE), went up by 25.25
points or 0.39 per cent to settle at 6,372.
 
Two other indices also ended higher. The DS30 index, which consists of the
blue-chip companies, rose 17.96 points to close at 2,301 and the DSES Index,
which represents Shariah-based listed firms, gained 4.08 points to finish at
1,389.
 
 Turnover, the crucial indicator of the market, also jumped to Tk 9.61
billion, which was 45 per cent higher than the previous day's tally of Tk
6.62 billion.
 
Gainers and losers were almost the same as out of 382 issues traded, 160
closed higher and 159 ended lower while 63 remained unchanged on the DSE
trading floor.
 
Beximco was the most-traded stock with shares worth Tk 950 million changing
hands, followed by Robi Axiata (Tk 563 million), Titas Gas (Tk 447 million),
Fu-Wang Food (Tk 292 million) and Grameenphone (Tk 288 million).
 
The state-run Eastern Cables was the top gainer, posting a 9.96 per cent rise
while Al-Arafah Islami Bank was the day's worst loser, losing 1.98 per cent.
 
The Chittagong Stock Exchange (CSE) also closed marginally higher with the
CSE All Share Price Index - CASPI -gaining nearly 77 points to settle at
18,770 and the Selective Categories Index - CSCX -rising around 46 points to
close at 11,250.
 
Of the issues traded, 133 advanced, 126 declined and 42 issues remained
unchanged on the CSE.
 
The port city's bourse traded 14.52 million shares and mutual fund units with
a turnover value worth Tk 404 million.