Business Desk :
Stocks in Bangladesh continued to rise on Monday for the third consecutive day, but a selling spree at the last moment restricted the index to make a big jump.
The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 19 points, or 0.30 per cent, to 6,388.
Until 1 pm, the index was around 60 points higher on Monday but a huge selling pressure at the end of the day reduced it to 19 points.
At the DSE, 163 stocks advanced, 179 declined and 35 remained unchanged.
Meanwhile, both the DS30, the blue chip index, and DSES, shariah based index, advanced 3 points and 3 points respectively.
Turnover of the DSE also hit Tk 836 crore while the previous day it was Tk 833 crore. Western Marine Shipyard topped the gainers’ list with a 9.57 per cent rise followed by South Bangla Agriculture & Commerce Bank, Tamijuddin Textile Mills, Karnaphuli Insurance and Ratanpur Steel Re-rolling Mills.
Sonali Paper & Board Mills shed mostly that dropped 2 per cent. BD Lamps, Prime Insurance, Bangladesh Shipping Corporation, and JMI Hospital were the other companies in the loser tally.
Beximco Ltd became the most traded stock with shares worth Tk 65 crore changing hands followed by BD Finance, Orion Pharmaceuticals, Beximco Pharmaceuticals, and IPDC Finance.
The Chittagong Stock Exchange (CSE) also was in a rising trend. The CASPI, the all share price index of the port city bourse, rose 54 points, or 0.29 per cent, to 18,702. Among the 286 stocks traded, 147 advanced, 114 fell and 25 remained the same.
