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DSE cement sector sees highest gain

August 21, 2022 00:00:00


The cement sector of the stock market saw the highest price appreciation last week following investors' increased participation.

The market capitalisation of the sector having seven companies also soared by 6.3 per cent on the Dhaka Stock Exchange (DSE) during the period.

Last week, Dhaka Stock Exchange saw three trading sessions as the market remained closed on Monday and Thursday due to public holiday.

The cement companies posted a turnover of Tk 204.20 million in the past week, an increase of 15.10 per cent from the turnover of Tk 177.4 million in the week before the last one.

Of the listed cement companies, LafargeHolcim Bangladesh saw its share price gain 4.86 per cent or Tk 3.4 to close at Tk 73.90 each on Wednesday.

The share price of Heidelberg Cement Bangladesh closed at Tk 189.90 each, jumping 4.57 per cent or Tk 8.3 during the week.

The share price of Meghna Cement advanced 2.88 per cent or Tk 2.0 and closed at Tk 71.40 each on Wednesday.

The Premier Cement Mills' share price closed at Tk 46.70 each, gaining 4.0 per cent or Tk 1.80.

Confidence Cement saw its share price advance 2.87 per cent or Tk 2.7 last week to close at Tk 96.60 each on Wednesday.

The share price of Crown Cement PLC remained unchanged during the week and closed at Tk 74.40 each on Wednesday.

Aramit Cement's share price also remained unchanged during the week and closed at Tk 31.40 each on Wednesday.

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