Government Policy

DSE crosses 5,700-point despite lower transaction

DHAKA, Jan 24, 2017 (BSS) - The broader price index of the Dhaka Stock Exchange (DSE) today crossed the 5,700-point mark despite lower transaction on higher activities of some large-cap securities.

Bank and financial institutions were the major advancing sectors while the major lagging sectors included textile, fuel and power, travel and leisure.

DSEX, the major index of DSE, added 38.45 points at close to finish the day at 5,708.25. The DSES for Shariah based securities and the DS30 for blue chip scrip also followed the same trend with a marginal rise to end at 1,301.79 and 2,040.27 respectively.

The daily trade value declined to Taka 2,013.44 crore from the previous day's Taka 2,180.79 crore and the volume witnessed a fall of 68.28 crore shares from 70.34 crore shares.

The market was heavily in favour of sellers when out of 328 traded issues, 114 gained and 199 incurred losses.

The large-cap securities were on the top of the downward trend with 146 securities of this cap category closing lower.

The day's major gainers were Zahin Textile, Islami Bank, SIBL, Phoenix Finance and Pubali Bank. The day's major losers were CVOPRL, Sonargaon textile, Tung Hai, Savar Refrigerator and Peninsula Chittagong.

Islami Bank topped the turnover leaders followed by Beximco, Summit Power, City Bank and NBL. Chittagong Stock Exchange (CSE) also followed the same trend with its CASPI index 137.51 points up at 17,707.28.

The daily trade value was Taka 119.82 crore and the volume was 4.28 crore shares.

Source: Bangladesh Sangbad Sangstha (BSS)