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Friday, September 30, 2022

Stock begins week with 46% rise in turnover

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The stockmarket started the week with a rise thanks to increased participation of investors.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 20 points, or 0.30 per cent, to 6,535.

The DS30, the index that consists of blue-chip companies, edged up 0.73 per cent to 2,363, while the DSES, the shariah-based index, was up 0.42 per cent at 1,435.

Turnover in the DSE soared around 46 per cent from the last trading day to hit Tk 1,813 crore today.

At the DSE, 109 stocks up, 140 down and 122 remained unchanged.

Standard Ceramic Industries topped the gainers’ list that rose 9.99 per cent.

Eastern Cables, Sea Pearl Beach Resort & Spa, BDCOM Online, and Orion Pharmaceuticals were among the stocks that saw significant gains.

Union Capital suffered the highest correction, sliding 6.19 per cent.

JMI Syringes, Apex Foods, Sonali Paper & Board Mills, and IPDC Finance declined more than 4 per cent.

The Caspi, the all-share price index of the Chattogram Stock Exchange, gained 59 points, or 0.31 per cent to end at 19,200.

Of the issues that traded on the bourse in the port city, 75 advanced, 101 declined, and 90 did not show any price movement.

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