DSE, CSE indices up

The benchmark index at the country’s twin bourses—Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) - returned to positive as some heavy weighted stocks regained little trust from the investors yesterday, the second trading day of the week, reports UNB.
The DSE key index, DSEX gained 36.60 points or 0.79 per cent to close at 4644.64 on the day. Of the 321 issues traded, 145 gained, 131 declined and 45 remained unchanged.
Shares worth Tk 335.80 crore changed hands at the DSE on Monday as against Tk 310.89 crore on Sunday.
Analysing the day’s market pulse, LankaBangla Securities said, “Market nosedived in the middle of session closing the index up by 36.6 points with renewed buying interest on heavy weighted stocks.”
However, choppy trading on market partly reflects uncertainty about the near-term outlook for the markets on the heels of the volatility seen over the past several trading sessions, the stockbroker said.
Citing Bangladesh Bank data, LankaBangla said, “Private sector credit growth came back to slower pace again in recent months due to lack of credit demand.
The credit growth dropped to 12.7 per cent in August compared to 13 per cent in July this year”.
The day’s top 10 gainers at the DSE were Lafarge Surma Cement, Paramount Insurance, Zahintex Industries, Northern Jute Manufacturing, Central Pharmaceuticals, Ifad Autos, 1st ICB Mutual Fund, Apex Foods, National Polymer and MJL Bangladesh.

DSE, CSE indices up

The benchmark index at the countrys twin boursesDhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) - returned to positive as some heavy weighted stocks regained little trust from the investors yesterday, the second trading day of the week, reports UNB. The DSE key index, DSEX gained 36.60 points or 0.79 per cent to close at 4644.64 on the day. Of the 321 issues traded, 145 gained, 131 declined and 45 remained unchanged. Shares worth Tk 335.80 crore changed hands at the DSE on Monday as against Tk 310.89 crore on Sunday. Analysing the days market pulse, LankaBangla Securities said, Market nosedived in the middle of session closing the index up by 36.6 points with renewed buying interest on heavy weighted stocks. However, choppy trading on market partly reflects uncertainty about the near-term outlook for the markets on the heels of the volatility seen over the past several trading sessions, the stockbroker said. Citing Bangladesh Bank data, LankaBangla said, Private sector credit growth came back to slower pace again in recent months due to lack of credit demand. The credit growth dropped to 12.7 per cent in August compared to 13 per cent in July this year. The days top 10 gainers at the DSE were Lafarge Surma Cement, Paramount Insurance, Zahintex Industries, Northern Jute Manufacturing, Central Pharmaceuticals, Ifad Autos, 1st ICB Mutual Fund, Apex Foods, National Polymer and MJL Bangladesh.