Stocks continue to rise

The Daily Star June 10, 2021
Star Business Report

The country’s stock market continued to rise for the last three consecutive days, thanks to the buying spree among the investors.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 11 points, or 0.19 per cent, to 6,066.64.

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Investors are buying stocks when some are taking profits as they have confidence to the market, said market analysts.

Turnover, an important indicator of the stock market, dropped 1 per cent to Tk 2,669 crore.

At the DSE, 209 advanced, 149 declined and 9 remained unchanged.

Zaheen Spinning topped the gainers list that rose 10 per cent followed by Index Agro Industries, Mir Akhter Hossain Ltd, Coppertech Industries, and S. Alam Cold Rolled Steels.

Stocks of Beximco Ltd traded mostly that worth Tk 229 crore followed by LankaBangla Finance, Pioneer Insurance, Fortune Shoes, and National Polymer.

Dhaka Insurance shed mostly that dropped 11.49 per cent followed by GBB Power, Global Insurance, Bangladesh General Insurance, and National Feed Mills.

The Chittagong Stock Exchange (CSE) also soared today. The CASPI, the general index of port city bourse, reduced 69 points, or 0.39 per cent, to 17,585.

Among the traded 319 stocks, 175 rose, 120 fell and 24 remained unchanged.

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