Stocks maintain upward trend with higher transactions

16 March, 2017 12:00 AM printer

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.


Among the rising major sectors were cement, textile and financial institutions. Bank and insurance sectors were the major lagging sectors, reports BSS.


The border DSEX index of Dhaka Stock Exchange (DSE) closed the day with 3.05 points up at 5,684.31. The Shariah DSES and the blue-chip DS30 also followed the same trend with 0.15 points up at 1309.81 and 7.68 points up at 2051.33.


The day's trade value at DSE increased to Taka 972.53 crore from Tuesday's Taka 964.79 crore and the daily trade also rose to 34.07 crore shares from 32.99 crore shares of the previous session.


At DSE, out of the day's 328 securities, prices of 126 securities closed higher against 167 losing issues.


The major gaining issues were Aramit Cement, Saiham Textile, Lanka Bangla Finance, BD Auto Cars and Tosrifa Industries. The major losing issues were SIBL, Prime Insurance, IDLC, Asian Insurance and BD Finance.


Lanka Bangla Finance topped the turnover list followed by Beximco Limited, National Bank, RSRM Steel, Mercantile Bank and NCC Bank.


The Chittagong Stock Exchange (CSE) closed the day of the week with upward trend with its major CASPI 21.57 points up at 17,630.49.


At CSE, issues traded 254 while 99 closed higher against 116 closed lower when 2.24 crore shares worth Taka 57.54 crore changed hands.