Economic Reporter :
Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)’s benchmark index returned to positive on Monday, the second trading day of the week.
The DSE key index, DSEX gained 36.60 points or 0.79 percent to close at 4644.64 on the day. Of the 321 issues traded, 145 gained, 131 declined and 45 remained unchanged.
Shares worth Tk 335.80 crore changed hands at the DSE on Monday as against Tk 310.89 crore on Sunday.
Analyzing the day’s market pulse, LankaBangla Securities said, “Market nose-dived in the middle of session closing the index up by 36.6 points with renewed buying interest on heavy weighted stocks.”
However, choppy trading on market partly reflects uncertainty about the near-term outlook for the markets on the heels of the volatility seen over the past several trading sessions, the stockbroker said.
Citing Bangladesh bank data, LankaBangla said, “Private sector credit growth came back to slower pace again in recent months due to lack of credit demand. The credit growth dropped to 12.7 percent in August compared to 13 percent in July this year”.
The day’s top 10 gainers at the DSE were Lafarge Surma Cement, Paramount Insurance, Zahintex Industries, Northern Jute Manufacturing, Central Pharmaceuticals, Ifad Autos, 1st ICB Mutual Fund, Apex Foods, National Polymer and MJL Bangladesh.
The top five turnover leaders at the DSE were Lafarge Surma Cement, Beximco Pharma, KDS Accessories, Emerald Oil Industries and Ifad Autos.
Top five losers at the DSE were Rahima Food, Standard Ceramic, KDS Accessories, Premier Cement and Reliance Insurance.
The key index at the Chittagong Stock Exchange (CSE), CASPI gained 74.09 points to reach 14156.92 at close on Monday. Of the 245 issues traded, 90 advanced, 122 suffered loss and 33 remained unchanged.
The value of the traded issues at the port city bourse was Tk 29.34 crore on the day.
Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)’s benchmark index returned to positive on Monday, the second trading day of the week.
The DSE key index, DSEX gained 36.60 points or 0.79 percent to close at 4644.64 on the day. Of the 321 issues traded, 145 gained, 131 declined and 45 remained unchanged.
Shares worth Tk 335.80 crore changed hands at the DSE on Monday as against Tk 310.89 crore on Sunday.
Analyzing the day’s market pulse, LankaBangla Securities said, “Market nose-dived in the middle of session closing the index up by 36.6 points with renewed buying interest on heavy weighted stocks.”
However, choppy trading on market partly reflects uncertainty about the near-term outlook for the markets on the heels of the volatility seen over the past several trading sessions, the stockbroker said.
Citing Bangladesh bank data, LankaBangla said, “Private sector credit growth came back to slower pace again in recent months due to lack of credit demand. The credit growth dropped to 12.7 percent in August compared to 13 percent in July this year”.
The day’s top 10 gainers at the DSE were Lafarge Surma Cement, Paramount Insurance, Zahintex Industries, Northern Jute Manufacturing, Central Pharmaceuticals, Ifad Autos, 1st ICB Mutual Fund, Apex Foods, National Polymer and MJL Bangladesh.
The top five turnover leaders at the DSE were Lafarge Surma Cement, Beximco Pharma, KDS Accessories, Emerald Oil Industries and Ifad Autos.
Top five losers at the DSE were Rahima Food, Standard Ceramic, KDS Accessories, Premier Cement and Reliance Insurance.
The key index at the Chittagong Stock Exchange (CSE), CASPI gained 74.09 points to reach 14156.92 at close on Monday. Of the 245 issues traded, 90 advanced, 122 suffered loss and 33 remained unchanged.
The value of the traded issues at the port city bourse was Tk 29.34 crore on the day.
