Stocks maintain upward trend on higher transactions
Published : 14 Feb 2018, 19:33:39
Stocks maintained upward trend on Wednesday as major indices of both Dhaka and Chittagong stock exchanges were found finishing upward trend with higher transactions of some large-cap securities.
The rising major sectors were IT, food and allied and ceramics. A total of 140 securities of the large-cap group moved up due to higher activities.
The broader DSEX index of Dhaka Stock Exchange closed the day with 13.94 points up at 6,102.31. The Shariah DSES and the blue-Chip DS30 also followed the same trend with 3.88 points up at 1,410.63 and 4.50 points up at 2,250.53.
The day's trade value at DSE increased to Taka 621.19 crore from Tuesday's Taka 503.67 crore and the daily trade rose to 18.43 crore shares from 13.89 crore shares of the previous session.
At DSE, out of the day's 335 securities, prices of 175 securities closed higher against 125 losing issues.
The major gaining issues were Aman Feed, Agni System Limited, Fine Foods, Fu-Wang Foods, Fu-Wang Ceramics and Intech. The major losing issues were Padma Life, EBL1STMF, Sonargaon Textile, Atlas Bangla and Imam Button.
Lanka Bangla Finance topped the turnover list followed by Unique Hotel, BRAC Bank, Beximco Pharma and Fu-Wang Foods.
The Chittagong Stock Exchange (CSE) closed the day of the week with upward trend with its major CASPI 57.67 points up at 18,878.87.
At CSE, 241 issues were traded. Of those, 142 closed higher and 75 closed lower when 1.17 crore shares worth Taka 26.32 crore changed hands.-BSS