POST TIME: 23 January, 2019 11:01:08 PM
Stocks maintain upward trend on higher transactions
BSS, Dhaka

Stocks maintain upward trend on higher transactions

Stocks witnessed upward trends yesterday as major indices of both Dhaka

and Chittagong Stock Exchanges rose up on higher transactions.

The day’s trade value at the DSE increased to Tk 1,045.26 crore from Tuesday’s Tk 890.66 crore and the daily trade also rose to 33.61 crore share from 26.89 crore share of the previous session.

The broader DSEX of DSE closed the day with 59.78 points up at 5,925.24.  The blue-chip DS30 and the Shariah DSES also followed the same trend with 16.92 points up at 2,043.03 and 2.44 points up at 1,321.79 respectively.

At the DSE, prices of 165 securities out of the day’s 346 closed higher against 150 losing issues.

The major gaining issues were United Finance, IFIC, Continental Insurance, Eastland Insurance and Dhaka Insurance. The major losing issues were Daffodil Computer, Northern Jute, SS Steel, Gemini Sea and ICBAMCL2ND.

Premier Bank topped the turnover list followed by UPGDCL, IFIC, City Bank and Legacy Foot.

The Chittagong Stock Exchange (CSE) closed the day of the week with upward trends with its major CASPI 204.70 points up at 18,212.16.

At the CSE, 267 issues

were traded. Of those, 124 closed higher and 126 closed lower.