DSEX ends higher on 3rd straight day

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Economic Reporter :
The stock market index continued rising for the third straight day although the blue-chip index experienced a drop.
The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 51 points, or 0.78 per cent, to 7,063. However, DS-30, the blue-chip index, fell 5 points to 2,638.
The overall market continued to remain green thanks to the positive hype among general investors, according to market analysts.
Turnover, another important indicator of the market, hit Tk 1,666 crore, up from Tk 1,497 crore a day ago.
At the DSE, 238 stocks advanced, 112 declined and 25 remained unchanged.
Hamid Fabrics topped the gainers’ list that rose 67 per cent followed by Malek Spinning, Argon Denim, Tosrifa Industries, and HR Textiles.
Beximco Ltd became the most traded stock with shares worth Tk 174 crore changing hands followed by IFIC Bank, Malek Spinning, Orion Pharmaceuticals, and SAIF Powertec.
Oimex Electrodes shed mostly that dropped 11 per cent followed by Khulna Printing & Packaging, Stylecraft Ltd, Alltex Industries, and Savar Refractories.
The Chattogram bourse also rose on Thursday. The CASPI, the main index of the Chittagong Stock Exchange (CSE), rose 217 points, or 1.06 per cent, to 20,670.
Among 298 stocks traded, 196 rose, 82 fell and 20 remained unchanged.

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