Stocks break 2-day losing streak

Stocks regained yesterday, breaking a two-day losing streak thanks to the buying spree of investors. DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 35 points, or 0.57 per cent to 6,212.76.

Turnover, an indicator of liquidity flow in the market, dropped 5 per cent to Tk 1,491 crore from Tk 1,577 crore a day earlier.

At the DSE, 191 stocks advanced, 155 declined and 28 remained unchanged.

Tamijuddin Textiles topped the gainers' list, rising 10 per cent, followed by Paper Processing & Packaging, CVO Petrochemicals, Bangladesh Monospool Paper Manufacturing, and Sonali Life Insurance.

Stock of Beximco Ltd traded the most, worth Tk 102 crore, followed by LafargeHolcim Bangladesh Keya Cosmetics, Beximco Pharmaceuticals, and Aman Feed Mills. Trust Bank shed the most, falling 11.34 per cent, followed by Envoy Textiles, Fas Finance, ICB Islamic Bank, and Olympic Accessories.

The port city bourse also rose yesterday. The CASPI, the general index of the Chittagong Stock Exchange, advanced 120 points, or 0.67 per cent, to 18,001.

Among 321 traded stocks, 159 advanced, 136 dropped and 26 remained unchanged.