Stocks return to positive territory

Star Business Report

Stocks in Bangladesh returned to the positive territory today after experiencing a consecutive fall of four days amid the fear of gloomy world economic condition.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 17 points, or 0.27 per cent, to 6,474 at the end of the day.

At the DSE, 217 stocks advanced, 116 declined and 45 remained unchanged.

Turnover of the premier stock market hit Tk 746 crore, up from the previous day's Tk 740 crore. 

Beximco Ltd remained the most traded stock with shares worth Tk 59 crore changing hands followed by Bangladesh Shipping Corporation, Beacon Pharmaceuticals, Square Pharmaceuticals, and British American Tobacco Bangladesh.

BD Thai Food topped the gainer' list that rose 9.84 per cent followed by Sunlife Insurance, BDCOM Online, Envoy Textiles, Intech Ltd.

Reliance Insurance shed mostly that dropped 6.12 per cent followed by BD Finance, Vanguard AML Rupali Bank Balanced Fund, Pragati Insurance, and Aramit Cement.

The Chittagong Stock Exchange (CSE) also rose today. The CASPI, the main index of the CSE, rose 28 points, or 0.15 per cent, to 19,018 at the end of the day.

Among the 274 traded stocks 137 rose, 116 fell and 21 remained the same.