DSEX hits new high after MPS

The prime index of the Dhaka Stock Exchange (Dsex) on Monday hit a record high as buying binge added strength to the equity indices after the Bangladesh Bank unveiled another expansionary monetary policy statement.

DSEX went up by 56.31 points or 0.87 per cent to settle at 6,481, the highest since its inception more than eight years back in 2013.

The blue-chip index DS30, a group of 30 prominent companies, also rose 16.22 points to settle at an all-time high at 2,344, the highest since its inception on January 27, 2013. The DSE Shariah Index also rose 11.10 points to close at 1,412.

Turnover, another important indicator of the market, jumped to a two-month high at Tk 21.88 billion, which was 44 per cent higher than the previous session’s turnover of Tk 15.21 billion.

Gainers took a strong lead over the losers, as out of 375 issues traded, 232 ended higher, 109 lower while 25 remained unchanged on the DSE trading floor. A total number of 335,029 trades were executed in the day’s trading session with a trading volume of 764.50 million shares and mutual fund units.

Beximco – the flagship company of Beximco Group-topped the turnover list with shares worth Tk 589 million changing hands, closely followed by Saif Powertec (Tk 581 million), Orion Pharma (Tk 542 million), GPH Ispat (Tk 503 million) and Fu-Wang Ceramic (Tk 399 million).


Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button