Stocks gain after falling for two days

The prime index of the Dhaka Stock Exchange (DSE) rose today snapping losses in the last two days.

The DSEX, the benchmark index of the top bourse in Bangladesh, added 8 points, or 0.13 per cent, to 6,243.

The DS30, the blue-chip index, increased 0.08 per cent to 2,223 while the DSES, the shariah-compliant index, went up 0.07 per cent to 1,359.

Turnover, a key indicator of the market, inched up 1.8 per cent to Tk 451 crore.

Of the securities, 95 advanced, 38 declined and 201 did not show any price movement.

Shyampur Sugar Mills made the highest gain with an increase of 9.9 per cent.

Rupali Life Insurance Company, City General Insurance, Union Capital, and Bangladesh Welding Electrodes were among the top gainers.

Unilever Consumer Care was the highest loser, shedding 4.9 per cent.

Bangladesh Monospool Paper Manufacturing Co, Apex Foods, Jute Spinners, and Anlimayarn Dyeing were also in the list of the significant losers.

Rupali Life Insurance Company was the most-traded stock with its issues worth Tk 27 crore transacting.

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

Meanwhile, Caspi, the all-share price index of the Chittagong Stock Exchange, gained only 5.3 points, or 0.02 per cent, to close at 18,400.

Of the issues, 38 rose, 31 retreated and 89 did not see any price swing.

However, the turnover of the port city bourse plummeted more than 61 per cent to Tk 8.13 crore.