DSE transaction hits two-month high

Dhaka Stock Exchange (DSE) saw the highest transaction in past two months when the daily share trade value and volume surged by over 71 per cent in a single session yesterday, reports BSS.
The daily trade value rocked by 71.56 per cent to Tk 540.26 crore, the highest after June 29 this year. Similarly, the daily trade volume jumped by 70.61 per cent to Tk 14.69 crore, the highest after July 18.
Market analysts attributed the improvement to the huge participation of buyers who were repositioning in cement, power and pharmaceutical sectors.
The higher trading, however, had little impact on recovery of market indicators as most of the traded securities closed lower on sell pressure. Out of the traded 323 issues, prices of 138 issues declined while 121 securities were up at close.
The broader DSEX managed to finish the session flat in green at 4626.17, but the blue-chip DS30 and Shariah DSES ended flat in red at 1763.68 and 1109.80 respectively.
Chittagong Stock Exchange (CSE) also finished the day green, with its CASPI index closing 6.64 points up 1421.11.
Like DSE, most of traded issues on CSE also finished lower. Out of the 237 issues traded, 110 incurred loss, with 98 gaining marginally. Over 93 lakh shares changed hands on the day for Tk 30.25 crore.
Bank and food and allied sectors advanced on the day when the major gainers were NHFIL, Standard Insurance, Union Capital, ILFSL and Acme Lab.
The lagging sectors were cement, fuel and power and pharmaceuticals, with Stylecraft, Modern Dyeing, United Air, Mithun Knitting and Ambee Pharma losing most. Acme Lab was the mostly traded issue followed by Lafarge Surma, Square Pharma, SPCL and MJLBD.

DSE transaction hits two-month high

Dhaka Stock Exchange (DSE) saw the highest transaction in past two months when the daily share trade value and volume surged by over 71 per cent in a single session yesterday, reports BSS. The daily trade value rocked by 71.56 per cent to Tk 540.26 crore, the highest after June 29 this year. Similarly, thedaily trade volume jumped by 70.61per cent to Tk 14.69 crore, the highest after July 18. Market analysts attributed the improvement to the huge participation of buyers who were repositioning in cement, power and pharmaceutical sectors. The higher trading, however, had little impact on recovery of market indicators as most of the traded securities closed lower on sell pressure. Out of the traded 323 issues, prices of 138 issues declined while 121 securities were up at close. The broader DSEX managed to finish the session flat in green at 4626.17, but the blue-chip DS30 and Shariah DSES ended flat in red at 1763.68 and 1109.80 respectively. Chittagong Stock Exchange (CSE) also finished the day green, with its CASPI index closing 6.64 points up 1421.11. Like DSE, most of traded issues on CSE also finished lower. Out of the 237 issues traded, 110 incurred loss, with 98 gaining marginally. Over 93 lakhshares changed hands on the day for Tk 30.25 crore. Bank and food and allied sectors advanced on the day when the major gainers were NHFIL, Standard Insurance, Union Capital, ILFSL and Acme Lab. The lagging sectors were cement, fuel and power and pharmaceuticals, with Stylecraft, Modern Dyeing, United Air, Mithun Knitting and Ambee Pharma losing most. Acme Lab was the mostly traded issue followed by Lafarge Surma, Square Pharma, SPCL and MJLBD.