Stocks close week upward trend

Stocks closed the week upward as all indices of Dhaka Stock Exchange and Chittagong Stock Exchange (CSE) advanced marginally. The turnover and trade volume at DSE maintained upward trend as the turnover increased to Tk 593.70 crore from the Wednesday’s Tk 484.49 crore and the trade volume rose to 15.02 crore from the previous session’s 10.51 crore shares.

The broader index of DSEX closed the session with 16.90 points up at 5,259.11. The Shariah DSES and the blue-chip DS30 also followed the same trend with 2.94 points up at 1,210.46 and with 5.37 points up at 1,859.10.

At the DSE, out of the day’s 336 securities, prices of 158 securities closed higher against 135 losing issues. The major gaining issues were CVO PRL, Primetex, Apex Foods, M.R.Textile and Shepherd. The major losing companies were Easter Cables, United Power, VFS Thread, AIBL 1st IMF and Matin Spinning.

At the port city, CSE closed the week with upward trend with its major CASPI 33.80 points up at 16,101.76.

At the CSE, 241 issues were traded. Of those, 126 closed higher and 92 closed lower when 78.35 lakh shares worth Tk 25.44 crore changed hands.

The markets were downbeat in the last five sessions till on Wednesday, taking the broader index at the prime bourse down at the close of every trading session since October 31.

Earlier on Wednesday, the broader index of DSEX closed the session of the week with 37.86 points up at 5,242.22. The Shariah DSES and the blue-chip DS30 also followed the same trend with 7.09 points up at 1,207.52 and with 10.79 points up at 1,853.73.

The day’s trade value at DSE increased to Tk 484.49 crore from Tuesday’s Tk 440.03 crore and the daily trade also rose to 12.84 crore shares from 10.51 crore shares of the previous session.

At the DSE, out of the day’s 335 securities, prices of 206 securities closed higher against 80 losing issues.

The Chittagong Stock Exchange (CSE) closed the day of the week with upward trend with its major CASPI 87.28 points up at 16,067.28 on Wednesday.
Source: http://www.theindependentbd.com

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