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29 March 2024


Business Insider Bangladesh

Dhaka stocks return to rising trend after week-long fall

BI Report || BusinessInsider

Published: 20:42, 14 August 2022   Update: 21:24, 14 August 2022
Dhaka stocks return to rising trend after week-long fall

Representational image. Photo: Collected

The country’s stock market has returned to rise on Sunday, despite a continuous fall in the previous week.

On this day, the share price of most of the companies along with all the indices of the stock market and the transaction amount also increased.

According to market participants, the capital market rose today after the Bangladesh Securities and Exchange Commission (BSEC) warned investors that the floor price would not be raised on Thursday.

DSEX, the benchmark index of DSE, increased by 26 points or 0.43 percent to settle the day at 6,175.

Among other indices, the shariah-based DSES rose by 5.21 points or 0.38 percent and the blue-chip DS-30 was up by 4.91 points or 0.22 percent.

The amount of money traded in DSE today is Tk 644.45 crore, which is Tk 60.60 crore more than the previous working day.

Shares of the 380 companies traded on the day, of which 168 firms gained, 82 issues lost and 130 companies remained unchanged.

The textile sector rose to the top position in terms of transactions. The total turnover in this sector was Tk 117.55 crore, which is 19.45 percent of the total turnover.

The miscellaneous sector was at the second position with Tk 79.9 crore turnover, followed by pharmaceuticals and chemicals sector at Tk 62.9 crore.

Shares of Beximco Limited were the most-traded by value on the DSE as its shares worth Tk 44.95 crore were traded on the day.

Sonali Paper, which was the second most-traded stock, had a turnover of Tk 42.69 crore followed by Fortune Shoes, Malek Spinning, Intraco Refuelling, BSC, Sea Pearl, IPDC Finance, LafargeHolcim and Delta Life.

Meanwhile, the overall index CASPI of the Chittagong Stock Exchange (CSE) increased over 43 points to 18,171 and securities worth Tk 15.86 crore were traded on the day.

Nagad
Monetary Policy Stance
Budget 2020-21
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