Stocks witness up on large-cap vibe

Stocks witness up on large-cap vibe
Published : 18 Dec 2018, 16:36:37
Stocks witness up on large-cap vibe
bbarta desk
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Stocks witnessed upward trend on Tuesday as major indices of both Dhaka and Chittagong Stock Exchanges were found rising with higher activities of some large-cap securities despite lower transactions.
The major rising sectors were textile, insurance and engineering. A total of 135 large cap securities moved up on higher activities.
The broader DSEX index of the DSE closed the session with 15.58 points up at 5,233.59. The Shariah DSES and the blue-chip DS30 followed the same trend
with 3.69 points up at 1,205.20 and with 1.26 points up at 1,843.41 respectively.
The volume of shares decreased to 8.43 crore from Monday’s 8.60 crore shares. But the daily turnover in value at the DSE increased to Taka 334.09
crore from Monday’s Taka 803.06 crore.
At the DSE, price of 180 securities out of the day’s 340 closed higher against 103 losing issues.
The major gaining issues were Pragati Life, HR Textile, Sun Life Insurance, BD Auto Cars and Far East Life. The major losing issues were ECABLES, Global Insurance, First Finance, Sonali Ansh and Dulamia Cotton.
Meghna Life topped the turnover leaders followed by UPGDCL, Ifad Autos, Square Pharma and Sonali Ansh.
The Chittagong Stock Exchange (CSE) closed the day of the week with upward trend with its major CASPI 18.78 points up at 16,047.24.
At the CSE, 241 issues were traded. Of those, 118 closed higher and 87 closed lower when 49.80 lakh shares worth Taka 13.23 crore changed hands.-BSS

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