Bullish trading on DSE continues

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FE Report
Stock prices on the Dhaka Stock Exchange (DSE) continued on a bullish trend for the third consecutive day Thursday, the last trading session of the week, following buying spree.
DSE-20 Index (DS20), DSE General Index (DGEN) and All Shares Price Index (DSI) gained by 47.513 points, 29.067 points and 17.384 points to close at 2088.601, 2339.371 and 1913.813 respectively.
Market operators said the strong buying support from retail, institutional and portfolio investors helped achieve new milestone on the DSE.
The issues under banking, insurance and pharmaceuticals have been maintaining an upward trend over the last few days due to good financial condition of those sectors, market operators claimed.
The total turnover was Tk 2.336 billion from Tk 2.393 billion on the previous day. The total market capitalisation was Tk 520.246 billion from Tk 514.384 billion on the previous day.
Out of 203 traded issues prices of 99 gained 84 declined and 20 remained unchanged.
BRAC Bank was the turnover leader with a trading volume of Tk 215.859 million, followed by Southeast Bank with Tk 186.405 million, Square Pharma with Tk 146.464 million, Summit Power with Tk 112.162 million, National Bank Limited (NBL) with Tk 100.393 million, Dhaka Bank with Tk 82.140 million, Pubali Bank with Tk 81.566 million, Power Grid with Tk 64.473 million, Shahjalal Bank with Tk 63.389 million and Prime Bank with Tk 57.201 million.
Prices of BRAC Bank gained by 7.93 per cent to close at Tk 897.50 per share, Southeast Bank by 6.31 per cent to Tk 564.00, Summit Power by 5.29 per cent to Tk 1099.25, NBL by 6.91 per cent to Tk 896.50, Dhaka Bank by 3.39 per cent to Tk 670.75, Pubali Bank by 2.80 per cent to Tk 887.75, Shahjalal Bank by 0.55 per cent to Tk 274.00 and BATBC by 19.97 per cent to Tk 92.50.
Square Pharma declined by 0.56 per cent to Tk 4556.75, Power Grid by 0.12 per cent to Tk 587.25 and Prime Bank by 0.41 per cent to Tk 770.75.
British America Tobacco Company (BATBC) as per un-audited half yearly accounts as on June 30, has reported net profit of Tk. 362.11 million with Earning Per Share (EPS) of Tk. 6.04 as against last year's half yearly of Tk. 170.89 million and Tk. 2.85 respectively.