Stocks are back on a winning streak

The Dhaka Stock Exchange (DSE) index is back in the black today after falling for four consecutive days.

The DSEX, the benchmark index of Bangladesh’s premier stock exchange, rose 21 points, or 0.31%, to 6,662 by the end of the day.

For all the latest news, follow the Daily Star’s Google News channel.

Revenue, an important market indicator, rose to Tk 643 crore today, up 24% from the previous day’s Tk 515 crore.

On the DSE, 217 stocks were up, 110 were down and 52 were unchanged.

Meghna Pet Industries topped the list of winners with a 10% increase. JMI Hospital, Imam Button, Meghna Condensed Milk and Apex Tannery also saw strong gains.

Publici Bank lost the most with a drop of 3.22%. GBB Power, Bank Asia, Hwa Well Textiles and C&A Textiles were among the big losers.

Meanwhile, Beximco Ltd became the most traded stock with shares worth Tk 36 crore changing hands, followed by Provati Insurance, IPDC Finance, Genex Infosys and Fortune Shoes.

The Chittagong Stock Exchange (CSE) also rose today. The CASPI, the main index of the CSE, edged up 42 points, or 0.21%, to close the day at 19,544.

Of the 261 stocks traded, 115 rose, 110 fell and 36 saw no price movement.

About Nicole Harmon

Check Also

This small company with a 14,000% gain overtook Goldman Sachs and other big companies

The world, apparently, has a new financial giant. The world, apparently, has a new financial …