Stocks post ‘modest’ gain

Stocks posted ‘a modest’ gain on Wednesday, snapping a two-day losing streak.

Dhaka Stock Exchange (DSE) index went up by 5.59 points or 0.11 per cent to settle at 4,934 after losing 69 points in the past two straight sessions.

The DSE Shariah Index also gained 1.98 points to close at 1,112. However, the DS30 index, comprising blue chips, saw a fractional loss of 0.82 point to finish at 1,677.

Turnover, a crucial indicator of the market, dropped to Tk 8.88 billion, which was 17 per cent lower than the previous session’s turnover of Tk 10.68 billion.

A total number of 184,824 trades were executed in the day’s trading session with a trading volume of 431.01 million shares and mutual fund units.

Chittagong Stock Exchange also edged higher with its All Shares Price Index (CASPI)—advancing 28 points to close at 14,113 while the Selective Categories Index – CSCX gaining 12 points to close at 8,474.

Of the issues traded, 170 advanced, 75 declined and 38 remained unchanged on the CSE.


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