Stocks closed at a new high of more than 6900 points for the third time in a row on Thursday. Buoyant investors continued their appetite for the trade on stocks, feeling optimistic about the market trend.
The core index of the Dhaka Stock Exchange (DSE), DSEX soared by 64.66 points or 0.93 per cent to settle at 6,981 – the highest since its inception more than eight years back on January 27, 2013.
Two other indices – the DSE 30 Index and the DSE Shariah Index (DSES) followed a similar trend to close at new highs of 2,496 and 1,508, after rising 22.12 points and 12.99 points respectively.
Turnover, another important indicator of the market, stood at Tk 24.74 billion on the country’s premier bourse, which is 4.56 per cent higher than the previous day’s tally of Tk 23.66 billion.
The market capitalization of the prime index also hit a fresh all-time high at Tk 5,637 billion on Thursday, surpassing the previous day’s record high of Tk 5,600 billion.
Gainers took a strong lead over the losers, as out of 373 issues traded, 237 advanced, 105 declined and 31 remained unchanged on the DSE trading floor.
Beximco won the turnover list with shares worth Tk 1.53 billion treaded, followed by Bangladesh National Insurance (Tk 591 million), Beximco Pharma (Tk 445 million), GPH Ispat (Tk 408 million) and LafargeHolcim (Tk 383 million).
Samata Leather Complex, one of the low-cap companies, topped gainers list and thus posted almost a 10 per cent rise, while Green Delta Mutual Fund was the worst loser by losing 9.37 per cent.
The Chittagong Stock Exchange (CSE) also ended higher with the CSE All Share Price Index (CASPI) soaring 171 points to settle at a record high at 20,328 while the Selective Categories Index (CSCX) rising 102 points to close at a new high at 12,183. Of the issues traded, 183 advanced, 105 declined and 35 remained unchanged on the CSE trading floor.
Source: The Business Standard, The Financial Express
