Stocks rebound on both bourses

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DHAKA, Nov 12, 2020 (BSS) – After witnessing a downward trend in
the last two consecutive sessions, stocks today rebounded in the Dhaka
and Chittagong stock exchanges as investors remained active on
sector-wise issues.

DSEX, the key index of the Dhaka Stock Exchange (DSE), went up by
21.33 points or 0.43 per cent to settle at 4,905.04. Two other indices
also edged higher. The DS30 index, comprising blue chips, advanced
1.16 points to finish at 1,711.59 and the DSE Shariah Index gained
1.90 points to close at 1,117.44.

Turnover, a crucial indicator of the market, stood at Taka 9.88
billion, which was 1.33 per cent higher than the previous day’s
turnover of Taka 9.75 billion.

Gainers took a modest lead over the losers as out of 354 issues
traded, 147 ended higher, 120 closed lower and 87 issues remained
unchanged on the DSE trading floor.

Beximco Pharma continued to dominate the turnover chart with 7.65
million shares worth Taka 1.08 billion changing hands, followed by
Beximco, Walton Hi-Tech, United Power and Brac Bank.

Agrani Insurance was the day’s best performer, posting a gain of 10
per cent while Hamid Fabrics was the worst loser, losing 9.95 per
cent.

The Chittagong Stock Exchange also ended higher with its All Shares
Price Index (CASPI)-gaining 60 points to close at 14,067 while the
Selective Categories Index – CSCX rising 35 points to close at 8,470.

Of the issues traded, 111 advanced, 80 declined and 76 remained
unchanged on the CSE.

The port city bourse traded 12.95 million shares and mutual fund
units with a turnover value of Taka 279 million.