Stocks recover marginally

Stock market returned to the green zone yesterday, with recovering marginally in market indicators those were downward in the past couple sessions, reports BSS.
The boarder DSEX index of Dhaka Stock Exchange (DSE) eased up at 4359.39 when the blue-chip DS30 and Shariah DSES closed flat in green at 1667.46 and 1057.30 respectively.
The major CSCX index of Chittagong Stock Exchange (CSE) ended the day with marginal gains to close at 8149.44.
Stock market suffered sharp fall on the previous session, Tuesday, with 205 securities incurring loss among traded 319 issues, reports BSS.
The price fall across the board caused 33.78 points loss to the broader index of Dhaka Stock Exchange (DSE) that plunged below 4400-point mark on Monday and came further down at 4357.63 to close yesterday’s session. The blue-chip DS30 was also 10.47 points down to end at 1662.39 when the Shariah DSES closed flat in red at 1055.97.
Chittagong Stock Exchange (CSE) ended the day down, with its major CSCX index finishing over 69 points lower at 8145.36.
Yesterday, the indices at the country’s twin stock exchanges recovered on higher trade particularly around large-cap securities. The trade value at DSE rose to Tk 434 crore and the volume to 10.66 crore shares from Tuesday’s 8.29 crore shares of Tk 339.95 crore.
Similarly, the trade value at CSE was up at Tk 28.45 crore against Tk 21.28 crore of the previous session when the trade volume rose to 82.49 lakh shares over Tuesday’s 72 lakh shares.
Despite the higher activities, market remained in favour of buyers as 178 issues incurred loss at DSE against 104 advancing securities and 142 issues were down at CSE over 72 gaining issues.
The top five gaining issues were FEKDIL, Prime Life, Central Insurance, SA Port and MJLBD. The major losers included Phenix Insurance, Islami Bank, Paramount Insurance, 8th ICB and Regent Textile.
MJLBD topped the turnover leaders followed by UPGDCL, ACI, Lanka Bangla Finance and IBN Sina.

Stocks recover marginally

Stock market returned to the green zone yesterday, with recovering marginally in market indicators those were downward in the past couple sessions, reports BSS. The boarder DSEX index of Dhaka Stock Exchange (DSE) eased up at 4359.39 when the blue-chip DS30 and Shariah DSES closed flat in green at 1667.46 and 1057.30 respectively. The major CSCX index of Chittagong Stock Exchange (CSE) ended the day with marginal gains to close at 8149.44. Stock market suffered sharp fall on the previous session, Tuesday, with 205 securities incurring loss among traded 319 issues, reports BSS. The price fall across the board caused 33.78 points loss to the broader index of Dhaka Stock Exchange (DSE) that plunged below 4400-point mark on Monday and came further down at 4357.63 to close yesterdays session. The blue-chip DS30 was also 10.47 points down to end at 1662.39 when the Shariah DSES closed flat in red at 1055.97. Chittagong Stock Exchange (CSE) ended the day down, with its major CSCX index finishing over 69 points lower at 8145.36. Yesterday, the indices at the countrys twin stock exchanges recovered on higher trade particularly around large-cap securities. The trade value at DSE rose to Tk 434 crore and the volume to 10.66 crore shares from Tuesdays 8.29 crore shares of Tk 339.95 crore. Similarly, the trade value at CSE was up at Tk 28.45 crore against Tk 21.28 crore of the previous session when the trade volume rose to 82.49 lakh shares over Tuesdays 72 lakh shares. Despite the higher activities, market remained in favour of buyers as 178 issues incurred loss at DSE against 104 advancing securities and 142 issues were down at CSE over 72 gaining issues. The top five gaining issues were FEKDIL, Prime Life, Central Insurance, SA Port and MJLBD. The major losers included Phenix Insurance, Islami Bank, Paramount Insurance, 8th ICB and Regent Textile. MJLBD topped the turnover leaders followed by UPGDCL, ACI, Lanka Bangla Finance and IBN Sina.