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22 November, 2019 00:00 00 AM
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Stocks return to positive

BSS, Dhaka
Stocks return to positive

Country’s premier bourse, Dhaka Stock Exchange (DSE), bounced back to the green after witnessing correction in the last session amidst increased participation from the enthusiastic investors. The positive vibe was observed from the beginning of the session which continued till the closure although volatility recorded in the last hour of the session.

The opportunist investors’ buoyancy in telecom, pharma, engineering, financial institutions and textile sector stocks helped the benchmark index to close 14 points higher over last session. The broad index, DSEX closed at 4706.66 points yesterday with a gain of 14.73 points or 0.31 per cent.However, the shaky investors opted for liquidating their position from bank, fuel & power and food sector stocks. The investors’ participation has slightly increased over the last session.

Besides, the two selective indices, Blue Chip index, DSE30 and the Shariah index, DSES also went up by 5.32 points and 6.32 points to settle at 1650.63 points and 1081.77 points respectively. The general insurance sector continued to dominate the turnover board and grabbed 23.3 per cent of the day’s total turnover.

Top ten traded stocks captured around 31.2 per cent of the day’s total turnover where Beacon pharma led the list with 6.5 per cent contribution. Gainers took a strong lead over the loser as out of 325 issues traded, 144 securities gained price while 123 declined and 58 remained unchanged. It also said the investors’ activity was mostly centered on general insurance (23.3 per cent), pharma (14.5 per cent) and engineering (11.1 per cent) sectors.

On the other hand, the port city bourse, Chittagong Stock Exchange (CSE), also closed at green from the bearish streak of the previous day. CSCX and CASPI went up by 5.77 points and 9.12 points to stand at 8675.85 points and 14272.13 points respectively.

At CSE, a total of 7,119,480 shares and mutual fund of 241 companies were traded, of which 115 issues advanced while 83 declined and 38 issues remained unchanged.

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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