Stocks maintain upward trend

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DHAKA, July 28, 2020 (BSS) – Like previous four days, stocks today also witnessed positive trends in Dhaka and Chittagong stock exchanges as optimistic investors continued their buying interest on selective large-cap issues.

DSEX, the key index of the DSE, went up by 11.16 points or 0.26 percent to settle at 4,156. The DS30 index, comprising blue chips, also advanced 1.66 points to finish at 1,402. However, the DSE Shariah Index fell 2.08 points to close at 963.

Turnover, another important indicator of the market, stood at Taka 4.45 billion on the country’s prime bourse, which was 1.83 percent higher than the previous day’s turnover of Taka 4.37 billion.

Most of the shares remained stuck at the trading. Of the issues traded, 178 remained unchanged while 115 issues advanced and 57 declined on the DSE floor.

A total number of 99,590 trades were executed in the day’s trading session with a trading volume of 129.40 million shares and mutual fund units.

The market-cap on the premier bourse also rose to Taka 3,227 billion on Tuesday, from Taka 3,220 billion in the previous session.

Beximco Pharma topped the turnover chart with shares worth Taka 135 million changing hands, closely followed by BATBC, Pioneer Insurance, Fine Foods and Beximco.

Paramount Insurance was the day’s best performer, posting a gain of 9.96 percent while Dacca Dyeing was the worst loser, losing 4.87 percent.

The Chittagong Stock Exchange also ended higher with its All Shares Price Index (CASPI)—gaining 38 points to close at 11,834 and the Selective Categories Index – CSCX –advancing 23 points to finish at 7,175.

Of the issues traded, 79 gained, 54 declined and 96 remained unchanged on the CSE.

The port city bourse traded 3.18 million shares and mutual fund units with turnover value of Taka 72 million.