Stocks return to black

Stock market in Bangladesh

The prime index of the Dhaka Stock Exchange (DSE) returned to the black today snapping a five-day falling streak.

The DSEX, the benchmark index of the premier bourse in Bangladesh, added 17 points, or 0.27 per cent, to 6,199.

The DS30, the blue-chip index, gained 0.18 per cent to 2,218 while the DSES, the shariah-compliant index, advanced 0.41 per cent to 1,356.

However, turnover, a key indicator of the market, rose about 13 per cent to Tk 261 crore. 

Of the securities, 56 advanced, 98 declined and 156 did not show any price movement.

Metro Spinning made the highest gain with an increase of 9.8 per cent.

Aamra Networks, Gemini Sea Food, Orion Infusion, and ADN Telecom were among the top gainers, advancing more than 8 per cent respectively.

Sea Pearl Beach Resort & Spa was the highest loser, shedding 1.2 per cent.

BDCOM Online, Sonali Aansh Industries, Zeal Bangla Sugar Mills, and Aramit Ltd were also in the list of the significant losers.

Bangladesh Shipping Corporation was the most-traded stock with its issues worth Tk 28 crore transacting.

Genex Infosys, Sea Pearl Beach Resort & Spa, ADN Telecom, and Shinepukur Ceramics also registered significant turnover.

The Caspi, the all-share price index of the Chittagong Stock Exchange, went up 22 points, or 0.12 per cent, to close at 18,298.

Of the issues, 29 rose, 40 retreated and 70 did not see any price swing.

Turnover of the port city bourse increased 99 per cent to Tk 9.25 crore.