Stocks break losing streak

Stock markets returned to a green zone yesterday after showing downward trend in the previous 13 sessions as the issues across both Dhaka and Chittagong stock exchanges were found finishing upward trend with higher activities of large-cap securities, reports BSS.

The markets were downbeat in the last 13 days, taking the broader index at the prime bourse down at the close of every trading session since April 30.

The broader index of DSEX closed the session of the week with 22.59 points up at 5,413.29. The Shariah DSES also followed the same trend with 2.93 points up at 1,268.18. But, the blue-chip DS30 closed the day with 1.92 points down at 2007.09.

The day’s trade value at DSE increased to Tk561.81 crore from Sunday’s Tk395.66 crore and the daily trade also increased to 13.48 crore shares from 9.47 crore shares of the previous session.

At the DSE, out of the day’s 333 securities, prices of 199 securities closed higher against 94 losing issues.

The major gaining issues were Prime Life, GHAIL, Far East Life, Central Insurance and RN Spinning. The major losing companies were Karnaphuli, ECABLES, EBL, Standard Insurance and Asian Insurance.

INTRACO topped the turnover list followed by GP, Beximco, BRAC Bank and Square Pharma. The Chittagong Stock Exchange (CSE) closed the day of the week with downward trend with its major CASPI 52.78 points down at 16,688.01.

At the CSE, 227 issues were traded. Of those, 117 closed higher and 85 closed lower when 73.66 lakh shares worth Tk29.72 crore changed hands.

Stocks break losing streak

Stock markets returned to a green zone yesterday after showing downward trend in the previous 13 sessions as the issues across both Dhaka and Chittagong stock exchanges were found finishing upward trend with higher activities of large-cap securities, reports BSS. The markets were downbeat in the last 13 days, taking the broader index at the prime bourse down at the close of every trading session since April 30. The broader index of DSEX closed the session of the week with 22.59 points up at 5,413.29. The Shariah DSES also followed the same trend with 2.93 points up at 1,268.18. But, the blue-chip DS30 closed the day with 1.92 points down at 2007.09. The days trade value at DSE increased to Tk561.81 crore from Sundays Tk395.66 crore and the daily trade also increased to 13.48 crore shares from 9.47 crore shares of the previous session. At the DSE, out of the days 333 securities, prices of 199 securities closed higher against 94 losing issues. The major gaining issues were Prime Life, GHAIL, Far East Life, Central Insurance and RN Spinning. The major losing companies were Karnaphuli, ECABLES, EBL, Standard Insurance and Asian Insurance. INTRACO topped the turnover list followed by GP, Beximco, BRAC Bank and Square Pharma. The Chittagong Stock Exchange (CSE) closed the day of the week with downward trend with its major CASPI 52.78 points down at 16,688.01. At the CSE, 227 issues were traded. Of those, 117 closed higher and 85 closed lower when 73.66 lakh shares worth Tk29.72 crore changed hands.