Stocks go up | 2019-01-21

Stocks go up

20th January, 2019 11:29:17 printer

Stocks opened week up with all indices of both Dhaka and Chittagong Stock Exchanges were found rising trend on higher activities of some large-cap securities.

The rising major sectors were insurance, financial institutions and cement.

A total of 155 securities of the large-cap group moved up on higher activities.

The broader DSEX index of the DSE closed the session with 61.70 points up at 5,887.28. The Shariah DSES and the blue-chip DS30 also followed the same trend with 9.06 points up at 1,318.86 and with 20.41 points up at 2,029.90 respectively.

The volume of shares rose to 29.74 crore from Thursday’s 28.76 crore shares. But, the daily turnover in value at DSE decreased to Taka 968.91 crore from Thursday’s Taka 1,011.57 crore.

At the DSE, price of 193 securities out of the day’s 346 traded issues closed higher against 133 losing issues.

The major gaining issues were 1JANATAMF, Sonar Bangla Insurance, United Insurance, DBH and MI Cement. The major losing issues were Imam Button, Savar EFR, Prime Insurance, JMISMDL and Paramount.

Beximco topped the turnover leaders followed by Premier Bank, JMISMDL, United Finance and Lanka Bangla Finance.

The Chittagong Stock Exchange (CSE) closed the day of the week with upward trend with its major CASPI 207.31 points up at 18,065.69.

At the CSE, 283 issues were traded. Of those, 162 closed higher and 104 closed lower while 2.32 crore shares worth Taka 51.55 crore changed hands.