Stocks finish post-budget week flat

Stock market finished the trading of the post-budget session flat, with the major indices at Dhaka and Chittagong stock exchanges remaining almost unchanged, reports BSS.
The broader index of Dhaka Stock Exchange (DSE) ended the week yesterday at 4418.99, over 27 points down from the week’s opening of 4446.09 on Sunday, but 58.08 points up from the pre-budget closing.
Likewise, the two selective indices of DSE also ended the week down compared to their week’s opening, but were up from the last week’s close. The blue-chip DS30 stood at 1738.06 yesterday when the Shariah DSES ended at 1082.88.
The market began the week downward and was falling till Monday.
On Tuesday, lively trade of a debut issue changed the down trend and took the market indicators to the green zone, which continued till the end of Wednesday’s trade.
The trend, however, could not sustain at the last session of the week when many of the traders were taking cautious position.
Chittagong Stock Exchange (CSE) also experienced the similar trend in the market, but its general CASPI closed the week flat in green at 13597.89.
Average trade value came down by 20.45 per cent to Tk 341.15 crore when the average trade volume fell by 35.58 per cent to 8.87 crore shares.
During the week, the market was for buyers as 170 securities incurred loss against 79 advancing issues. Brac Bank, Bank Asia, BSRM Limited, Bangladesh Building System and Paramount Textile were the week’s major gaining issues.
The major losing issues of the week were MBL1stMF, AIBL1stLMF, FAS Finance, Dulamia Cotton and Exim Bank.
The debut issue Acme Lab topped the turnover leaders followed by Lafarge Surma, SPCL, BSRM Limited and FAR Chemical.

Stocks finish post-budget week flat

Stock market finished the trading of the post-budget session flat, with the major indices at Dhaka and Chittagong stock exchanges remaining almost unchanged, reports BSS. The broader index of Dhaka Stock Exchange (DSE) ended the week yesterday at 4418.99, over 27 points down from the weeks opening of 4446.09 on Sunday, but 58.08 points up from the pre-budget closing. Likewise, the two selective indices of DSE also ended the week down compared to their weeks opening, but were up from the last weeks close. The blue-chip DS30 stood at 1738.06 yesterday when the Shariah DSES ended at 1082.88. The market began the week downward and was falling till Monday. On Tuesday, lively trade of a debut issue changed the down trend and took the market indicators to the green zone, which continued till the end of Wednesdays trade. The trend, however, could not sustain at the last session of the week when many of the traders were taking cautious position. Chittagong Stock Exchange (CSE) also experienced the similar trend in the market, but its general CASPI closed the week flat in green at 13597.89. Average trade value came down by 20.45 per cent to Tk 341.15 crore when the average trade volume fell by 35.58 per cent to 8.87 crore shares. During the week, the market was for buyers as 170 securities incurred loss against 79 advancing issues. Brac Bank, Bank Asia, BSRM Limited, Bangladesh Building System and Paramount Textile were the weeks major gaining issues. The major losing issues of the week were MBL1stMF, AIBL1stLMF, FAS Finance, Dulamia Cotton and Exim Bank. The debut issue Acme Lab topped the turnover leaders followed by Lafarge Surma, SPCL, BSRM Limited and FAR Chemical.