Bourses continue upward trend

Country’s premier bourse, Dhaka Stock Exchange (DSE), yesterday observed a superb session and remained in green over the last five consecutive sessions.

The enthusiastic investors were active on the bank and financial institution sectors’ stocks due to the lucrative price levels.

Apart from these two sectors, food, textile and miscellaneous sectors also witnessed buying spree which helped the benchmark index to close 27.4 points higher, according to analysts.

The broad index, DSEX closed at 4758.81 points yesterday with a gain of 27.37 points or 0.57 per cent.

The investors’ participation has increased by 21.3 per cent over the last session as the investors took position on lucrative price levels in anticipation of better return. The bank sector stocks grabbed 16.3 per cent of the day’s total turnover.

On the other hand, some investors reshuffled their holdings from telecom, fuel and power, engineering and pharma sectors stocks amid price surges over the last few sessions.

However, the two selective indices, Blue Chip index, DSE30 and the Shariah index, DSES went down marginally by 2.87 points and 4.53 points to settle at 1644.83 points and 1077.63 points respectively.

Gainers took a strong lead over the losers as out of 353 issues traded, 166 securities gained price while 150 declined and 37 remained unchanged.

On the other hand, the port city bourse, Chittagong Stock Exchange (CSE) also closed at green maintaining the winning streak of the previous day.

CSCX and CASPI went up by 38.73 points and 68.25

points to stand at 8782.10 points and 14460.69 points respectively.

At CSE, a total of 14,131,372 shares and mutual fund of 248 companies were traded, of which 129 issues advanced while 98 declined and 21 issues remained unchanged.

 

Bourses continue upward trend

Countrys premier bourse, Dhaka Stock Exchange (DSE), yesterday observed a superb session and remained in green over the last five consecutive sessions. The enthusiastic investors were active on the bank and financial institution sectors stocks due to the lucrative price levels. Apart from these two sectors, food, textile and miscellaneous sectors also witnessed buying spree which helped the benchmark index to close 27.4 points higher, according to analysts. The broad index, DSEX closed at 4758.81 points yesterday with a gain of 27.37 points or 0.57 per cent. The investors participation has increased by 21.3 per cent over the last session as the investors took position on lucrative price levels in anticipation of better return. The bank sector stocks grabbed 16.3 per cent of the days total turnover. On the other hand, some investors reshuffled their holdings from telecom, fuel and power, engineering and pharma sectors stocks amid price surges over the last few sessions. However, the two selective indices, Blue Chip index, DSE30 and the Shariah index, DSES went down marginally by 2.87 points and 4.53 points to settle at 1644.83 points and 1077.63 points respectively. Gainers took a strong lead over the losers as out of 353 issues traded, 166 securities gained price while 150 declined and 37 remained unchanged. On the other hand, the port city bourse, Chittagong Stock Exchange (CSE) also closed at green maintaining the winning streak of the previous day. CSCX and CASPI went up by 38.73 points and 68.25 points to stand at 8782.10 points and 14460.69 points respectively. At CSE, a total of 14,131,372 shares and mutual fund of 248 companies were traded, of which 129 issues advanced while 98 declined and 21 issues remained unchanged.