DSEX crosses 5,600-mark after two months
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard
TUESDAY, MAY 17, 2022
TUESDAY, MAY 17, 2022
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
DSEX crosses 5,600-mark after two months

Stocks

TBS Report
06 May, 2021, 09:10 pm
Last modified: 06 May, 2021, 09:15 pm

Related News

  • Last hour bargain hunting saved the day in DSE, CSE
  • Govt working to ensure fair, competitive market environment: Commerce minister 
  • Investors’ rush to exit drags DSEX to 9-month low
  • DSEX drops over 2%
  • Businessman allege market authorities pressuring him to rebuy his spaces 

DSEX crosses 5,600-mark after two months

DSE turnover rose 6.28% to a 3-month high

TBS Report
06 May, 2021, 09:10 pm
Last modified: 06 May, 2021, 09:15 pm
Photo: TBS.
Photo: TBS.

DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), crossed the 5,600-point mark on Thursday, thanks to the confidence of investors riding on the satisfactory earnings declarations by listed companies amid the pandemic.

The index rose 0.3% to reach 5,606 points, while the blue chip index DS30 gained 0.18% to 1,252, and the Shariah index DSES rose 0.24% to 2,137.

The daily turnover of the DSE increased 6.28% to Tk1,486 crore - the highest in the last three months - as the participation of investors increased because of the extension of trading time by one hour.

EBL Securities said in its daily market commentary, "Investors are viewing the stock market as a better investment option, with confidence in the bourse restored, based on satisfactory earnings declarations with fewer cases of Covid-19 infection in the country."

Investors got the highest return of 4.3% from the travel sector followed by the services and textiles sectors, and the insurance sector saw a price correction.

The general insurance sector contributed the highest 22% to the DSE total turnover on Thursday in the sector wise turnover board.

In the scrip wise turnover chart, Beximco Limited secured top position by contributing 7.4% to the total DSE turnover. Orion Pharma was the second highest contributor.

In the top ten gainers' list, Lub-rref Bangladesh and Metro Spinning, both secured top position by gaining 10% each.

Beximco Limited filed an application with the securities regulator to issue a Tk3,000 crore sukuk bond, which will be the largest sukuk issuance in the country's private sector.

Of the 360 securities traded, 180 advanced, 120 declined, and 60 remained unchanged on the DSE trading floor on Thursday.

At the port city bourse, CASPI, the main index of the Chittagong Stock Exchange (CSE), rose by 63 points to reach 16,208.

Economy / Top News

DSEX / market / Stock

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • A packet of US five-dollar bills is inspected at the Bureau of Engraving and Printing in Washington March 26, 2015. REUTERS/Gary Cameron
    Dollar price crosses Tk100 in open market 
  • Finland's Prime Minister Sanna Marin speaks during the plenary session at the Finnish parliament in Helsinki, Finland on 16 May 2022. Photo: Reuters
    Finland's parliament votes yes to NATO
  • Govt fixes tolls for Padma Bridge
    Govt fixes tolls for Padma Bridge

MOST VIEWED

  • Photo: TBS
    Last hour bargain hunting saved the day in DSE, CSE
  • Paramount Textile stocks fall after DSE publishes wrongful information
    Paramount Textile stocks fall after DSE publishes wrongful information
  • Logo of Investment Corporation of Bangladesh’s (ICB). Picture: Collected
    ICB writes to lenders for revolving funds
  • Investors’ rush to exit drags DSEX to 9-month low
    Investors’ rush to exit drags DSEX to 9-month low
  • BSEC seeks long-term investment data from Premier Cement
    BSEC seeks long-term investment data from Premier Cement
  • International Leasing, FAS Finance shares soar after PK Halder’s arrest
    International Leasing, FAS Finance shares soar after PK Halder’s arrest

Related News

  • Last hour bargain hunting saved the day in DSE, CSE
  • Govt working to ensure fair, competitive market environment: Commerce minister 
  • Investors’ rush to exit drags DSEX to 9-month low
  • DSEX drops over 2%
  • Businessman allege market authorities pressuring him to rebuy his spaces 

Features

Despite Bangladesh having about 24,000 km of waterways, only a few hundred kilometres are covered by commercial launch services. Photo: Saad Abdullah

Utilising waterways: When common home-goers show the way

6h | Panorama
Illustration: TBS

How Putin revived Nato

8h | Panorama
The reception is a volumetric box-shaped room that has two glass walls on both the front and back ends and the other two walls are adorned with interior plants, wood and aluminium screens. Photo: Noor-A-Alam

The United House: Living and working inside nature

8h | Habitat
Pcycle team members at a waste management orientation event. Photo: Courtesy

Pcycle: Turning waste from bins into beautiful crafts

9h | Panorama

More Videos from TBS

Can your coworker be your closest friend?

Can your coworker be your closest friend?

9h | Videos
The mystery behind Pyramid

The mystery behind Pyramid

10h | Videos
Finland, Sweden decide to join NATO

Finland, Sweden decide to join NATO

21h | Videos
Where you can swim for Tk5

Where you can swim for Tk5

23h | Videos

Most Read

1
Representative Photo: Pixabay.
Bangladesh

Microplastics found in 5 local sugar brands

2
Mushfiq Mobarak. Photo: Noor-A-Alam
Panorama

Meet the Yale professor who anchors his research in Bangladesh and scales up interventions globally

3
Impact of falling taka against US dollar
Banking

Taka losing more value as global currency market volatility persists

4
Govt tightens belt to relieve reserve
Economy

Govt tightens belt to relieve reserve

5
Union Capital asked to return Tk100cr FDR to BATBC 
Banking

Union Capital asked to return Tk100cr FDR to BATBC 

6
How Bangladesh can achieve edible oil self-sufficiency with local alternatives
Bazaar

How Bangladesh can achieve edible oil self-sufficiency with local alternatives

The Business Standard
Top
  • Home
  • Entertainment
  • Sports
  • About Us
  • Bangladesh
  • International
  • Privacy Policy
  • Comment Policy
  • Contact Us
  • Economy
  • Sitemap
  • RSS

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net

Copyright © 2022 THE BUSINESS STANDARD All rights reserved. Technical Partner: RSI Lab