Dhaka bourse’s index crosses 5,800 points after four months

The Daily Star  May 16, 2021
Star Business Report

The benchmark index of the Dhaka Stock Exchange (DSE) crossed the 5,800 level today after a break of around four months thanks to the increased participation of investors.

The DSEX rose 62 points, or 1.08 per cent, to end the day 5,813.

For all latest news, follow The Daily Star’s Google News channel.

The index has been rising for the last few days because of the higher participation of buoyant investors, according to market analysts.

Turnover, an important indicator of the stock market, plunged 2.4 per cent to Tk 1,418 crore.

Advent Pharmaceuticals topped the gainers’ list with a 10 per cent rise followed by Nurani Dyeing, Shurwid Industries, Tung Hai Knitting, and Index Agro.

Beximco Ltd became the most traded stock with shares worth Tk 83 crore changing hands followed by Saif Powertec, Robi Axiata, Summit Power, and National Feed Mills.

At the DSE, 231 stocks rose, 88 declined and 49 remained unchanged.

Malek Spinning shed the most that dropped 4.3 per cent followed by Emerald Oil, eGeneration, Mercantile Insurance and Islami Insurance.

The Chittagong Stock Exchange also rose yesterday. The CASPI, the general index of the port city bourse, surged 190 points or 1.14 per cent to stand at 16,849.

Among the 292 traded stocks, 192 advanced, 68 fell and 32 remained the same.

LEAVE A REPLY

Please enter your comment!
Please enter your name here