Shares continue to rise | The star of the day

The stock market index in Bangladesh continued to rise for the fourth consecutive day today, while market turnover closed at Tk 900 crore after 14 business days.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 20 points, or 0.31%, to 6,683 by the end of the day. Over the past four days, the index has risen by 200 points.

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DSE revenue also jumped 18% to Tk 895 crore from the previous day’s Tk 754 crore.

At the DSE, 200 stocks were up, 142 were down and 39 were unchanged.

Union Insurance topped the list of winners with an increase of around 9.85%. Alltex Industries, Sena Kalyan Insurance, Republic Insurance and National Tea Company also posted strong gains.

Samorita Hospital lost the most with a 4.98% drop. Beach Hatchery, JMI Hospital, Jamuna Bank and Crown Cement were among the big losers.

Beximco Ltd became the most traded stock with shares worth Tk 62 crore changing hands, followed by IPDC Finance, Orion Pharmaceuticals, Bangladesh Shipping Corporation and Fortune Shoes.

The Chittagong Stock Exchange (CSE) also rose today. CASPI, the CSE’s main index, climbed 52 points, or 0.26%, to close the day at 19,645.

Of the 289 stocks traded, 151 rose, 108 fell and 30 saw no price movement.

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