Stocks maintain steady recovery

Stock remained steady yesterday, with the indices inching up at Dhaka and Chittagong stock exchanges, reports BSS.
The market started recovery yesterday on higher trade of a pharmaceutical company that made debut at the country’s two stock exchanges.
The trend continued yesterday when the DSEX of Dhaka Stock Exchange (DSE) closed the session nearly 8.0 points up at 4412.51 and the blue-chip DS30 and Shariah DSES closed flat in green at 1741.56 and 1085.06 respectively.
The market activities, however, were lackluster amid cautious trading. Resultantly, the daily trade value was down by 31.44 per cent to Tk 323.31 crore and the volume by 14.40 per cent to 8.40 crore shares.
The general CASPI of Chittagong Stock Exchange (CSE) closed the day nearly 37.95 per cent higher at 13596.78 when the trade value fell to Tk 22.95 crore and the volume to 70 lakh shares from Tk 39.26 crore and 84.52 lakh shares respectively of the previous session.
Despite the lower activities, the market was for sellers, with most of the issues traded closed higher. At DSE, out of the day’s 318 traded issues, 170 gained when 86 securities incurred loss. Similarly, 67 issues were down at CSE when 122 finished up.
The major gaining sectors were bank, cement, engineering, fuel and power and textile when the top five advancing issues were PTL, HFL, MHSML, Brac Bank and Tosrifa.
NBFI and pharmaceuticals were the day’s most losing sectors when the worst losing companies were RNSPIN, Samata Leather, Exim1stMF, Acme Lab and Saif Power.
Acme Laboratories topped the turnover leaders followed by Far Cement, Lafarge Surma, SPCL and BSRM Limited.

Stocks maintain steady recovery

Stock remained steady yesterday, with the indices inching up at Dhaka and Chittagong stock exchanges, reports BSS. The market started recovery yesterday on higher trade of a pharmaceutical company that made debut at the countrys two stock exchanges. The trend continued yesterday when the DSEX of Dhaka Stock Exchange (DSE) closed the session nearly 8.0 points up at 4412.51 and the blue-chip DS30 and Shariah DSES closed flat in green at 1741.56 and 1085.06 respectively. The market activities, however, were lackluster amid cautious trading. Resultantly, the daily trade value was down by 31.44 per cent to Tk 323.31 crore and the volume by 14.40 per cent to 8.40 crore shares. The general CASPI of Chittagong Stock Exchange (CSE) closed the day nearly 37.95 per cent higher at 13596.78 when the trade value fell to Tk 22.95 crore and the volume to 70 lakh shares from Tk 39.26 crore and 84.52 lakh shares respectively of the previous session. Despite the lower activities, the market was for sellers, with most of the issues traded closed higher. At DSE, out of the days 318 traded issues, 170 gained when 86 securities incurred loss. Similarly, 67 issues were down at CSE when 122 finished up. The major gaining sectors were bank, cement, engineering, fuel and power and textile when the top five advancing issues were PTL, HFL, MHSML, Brac Bank and Tosrifa. NBFI and pharmaceuticals were the days most losing sectors when the worst losing companies were RNSPIN, Samata Leather, Exim1stMF, Acme Lab and Saif Power. Acme Laboratories topped the turnover leaders followed by Far Cement, Lafarge Surma, SPCL and BSRM Limited.