Stocks begin week on positive note – Business – observerbd.com

Country’s both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on Sunday started the week with an upward trend as bargain hunters remained active on sector-wise issues based on corporate declarations.

DSEX, the prime index of the DSE, went up by 12.73 points or 0.26 percent to reach 4,881.82 points. Two other indices also saw positive trends. The DS30 index, comprising blue chips, advanced 9.10 points to reach at 1,698.80 and the Shariah Index (DSES) gained 2.06 points to stand 1,120.92 points.

Bullish sentiment was also reflected in the trading activities as the total turnover on the main bourse rose to Taka 7.66 billion, which was Taka 7.58 billion at the last session of the previous week.

Of the 350 issues traded on the trading floor, 110 closed higher, 145 lower and 95 issues remained unchanged.

A total number of 1,47,288 trades were executed in the day’s trading session on the DSE with a trading volume of 287.10 million securities.

Beximco topped the DSE turnover chart followed by Beximco Pharma, Northern Insurance, Nitol Insurance and UPGDCL.

United Insurance was the day’s best performer, posting a gain of 10 percent while Kohinoor was the worst loser, losing 9.09 percent.

The port city bourse— Chittagong Stock Exchange (CSE)—ended higher with its CSE All Share Price Index – CASPI – advancing 76.13 points to settle at 14,038.13 and the Selective Categories Index – CSCX –gaining 46.60 points to finish at 8,453.20.

The gainers beat losers as 1245 issues closed higher, 85 ended lower, with 94 issues remaining unchanged on the CSE.

The port city bourse traded 7.75 million shares and mutual fund units worth more than Taka 246.55 million in turnover.

BSS/GY