Dhaka, Bangladesh
Stocks close week mixed

Stocks close week mixed

News Desk Stocks closed the week mixed on Thursday with falling trend of most of the major price indices at Dhaka and Chittagong Stock exchanges despite higher transactions. The broader DSEX of the DSE finished the week with 7.21 points up at 5,399.79.But, the blue-chip DS30 and the Shariah DSES closed the day with 5.90 points down at 1,893.34 and with 16.24 points down at 1,262.10 respectively. Out of the 344 issues traded at the DSE today, 103 issues gained against 211 losing issues. During the week, the daily average trade value increased by 0.25 percent to Taka 687.49 crore and the average trade volume rose by 9.60 percent to 19.32 crore shares. The top five gainers of the week were Provati Insurance Company, Regent Textile Mills, Monno Jute Stafflers, Legacy Footwear and Simtex Industries. The major losing issues of the week were Savar Refractories, Padma Islami Life Insurance, Fine Foods, ICB Islamic Bank and Renwick Jajneswar and Co (BD). The top five turnover leaders were BBS Cables, AB bank, United Power Generation and Distribution Company and Simtex Industries. Chittagong Stock Exchange (CSE) also closed the week up with its major CASPI index ending 37.51 points higher at 16,630.68. On Wednesday stocks witnessed upward trends as major indices of both Dhaka and Chittagong stock exchanges were found finishing upward trend with higher transactions of some large-cap securities. The day’s trade value at DSE increased to Taka 724.44 crore from Tuesday’s Taka 710.53 crore. But the daily trade fell to 19.13 crore share from 19.65 crore share of the previous session. The broader DSEX of DSE closed the day with 24.07 points up at 5,405.96. The blue-chip DS30 also followed the same trend with 3.45 points up at 1,905.29. But the Shariah DSES closed the day with 4 points down at 1,251.73. At DSE, out of the day’s 338 securities, prices of 141 securities closed higher against 163 losing issues. The major gaining issues were National Life Insurance, Padma Life, Legacy Foot, United Insurance and Trust Bank. The major losing issues were Shyampur Sugar, ACFL, Imam Button, Savar EFR and HR Tex. (Inputs taken from BSS) ACFL topped the turnover list followed by BBS Cables, Legacy Foot, PTL and Peninsula. The Chittagong Stock Exchange (CSE) closed the day of the week with upward trends with its major CASPI 63.66 points up at 16,607.98. At CSE, 244 issues were traded. Of those, 90 closed higher and 128 closed lower.

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