Bangladesh’s stocks return to green

Last updated: January 13, 2020

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Dhaka, Bangladesh (BBN)- Bangladesh’s stocks returned into green on Sunday after falling in five consecutive days as investors took position on different stocks particularly large capital ones.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), closed at 4212.44 points on Sunday, first day of week, with a gain of 15 points or 0.35 per cent.

Besides, two selective indices, Blue Chip index, DSE30 and Shariah index, DSES also went up by 9.32 points and 4.24 points to settle at 1415.70 points and 950.15 points respectively.

Gainers took a strong lead over losers as out of 354 issues traded, 179 securities gained price while 122 declined and 53 remained unchanged.

Most of the sectors witnessed better performance on the day.
Among the major sectors based on market capitalization – telecom (0.9%), fuel and power (1.0%), food (1.4%), pharma (0.3%) and textile (0.5%) sectors achieved price appreciation while bank (-0.3%), jute (-1.8%) and IT (-0.2%) sectors witnessed correction.

The top 10 gainers were Central Pharma, BBS, Paramount Insurance, Sandhani Life Insurance, Western Marine Shipyard, Padma Oil, Fine Food, Shepherd Industries, Daffodil Computer and Aamra Technology.

LafargeHolcim Bangladesh topped the turnover chart followed by KPCL, ADN Telecom, Northern Jute, Western Marine Shipyard, Beacon Pharma, Pioneer Insurance, National Feed Mill, Standard Insurance and United Power.

The top 10 losers were Zeal Bangla Sugar Mills, FAS Finance, International Leasing, ADN Telecom, EBL NRB Mutual Fund, Premier Leasing, Sunlife Insurance, BIFC, Shahjala Islami Bank and SS Steel.

On the other hand, the Chittagong Stock Exchange (CSE) also closed at green overcoming the bearish trend of previous days.

CSCX and CASPI increased by 26.21 points and 39.85 points to stand at 7761.33 points and 12808.79 points respectively.

At CSE, a total of 6,266,092 shares and mutual fund of 239 companies were traded, of which 110 issues advanced while 92 declined and 37 issues remained unchanged.

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