Published on 04:04 PM, January 20, 2022

Stocks continue gaining streak

File photo

Dhaka stocks maintained its gaining streak for the sixth consecutive day today, as investors continued to bet on shares amid the spike of Omicron.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), edged up 16 points, or 0.22 per cent, to 7,105.

At the country's premier bourse, 162 stocks advanced, 174 fell and 42 remained the same.

Keya Cosmetics topped the gainers' list that soared 10 per cent followed by Deshbandhu Polymer, Golden Son, Globla Heavy Chemicals, and Union Insurance.

Tallu Spinning slid 25 per cent, the highest fall of the day's stock market, followed by Fu-Wang Foods, Fareast Islami Life Insurance, Desh Garments and Prime Islami Life Insurance.

Trading of Beximco stocks was highest that traded worth Tk 246 crore followed by Bangladesh Shipping Corporation, Fortune Shoes, Saif Powertec, and ACI Ltd.

Turnover, an important indicator of the stock market, of the DSE dropped 7 per cent to Tk 1,601 crore down from the previous day's Tk 1,735 crore.

The stocks in the Chittagong Stock Exchange (CSE) also rose today. The CASPI, the main index of the CSE, was up 65 points, or 0.31 per cent, to 20,817.

Among traded 308 stocks, 125 up, 130 down and 53 remained unchanged.