Stocks continue rally for third day

Stocks today also maintained rally for the third consecutive day as investors continued their buying spree on large-cap issues amid optimism.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 306.02 points or 5.44 per cent to settle at 5,924.81. Two other indices also ended higher with the DSE 30 Index, comprising blue chips, rose 110.56 points to finish at 2,132.73 and the DSE Shariah Index (DSES) advanced 55.77 points to close at 1,274.91.

Out of 398 issues traded, 364 advanced, 27 declined and 7 issues remained unchanged on the DSE trading floor.

Daily trade turnover increased to Taka 16,064.730 million on the country’s premier bourse which was Taka 7,755.58 million at the previous session of the week.

CITYBANK dominated the turnover chart, closely followed by BATBC, TECHNODRUG, SQURPHARMA, and SEAPEARL.

BEACONPHAR was the day’s top gainer, rising 10 per cent, while GEMINISEA was the worst loser, shedding 3 per cent.

The Chittagong Stock Exchange (CSE) also rebounded with the CSE All Share Price Index – CASPI -gaining 861.51 points to settle at 16,799.76 and the Selective Categories Index – CSCX rising 522.12 points to close at 10,132.02.

Of the issues traded, 31 declined, 244 advanced and 10 issues remained unchanged on the CSE.

The port city’s bourse traded 86.28 lakh shares and mutual fund units with turnover value of Taka 22.69 crore. (BSS)