Fun & Games

Stocks continue to maintain upward trend with higher transaction

DHAKA, Feb 08, 2017 (BSS) - Stocks continued to maintain upward trend on Wednesday as the major indices of both Dhaka and Chittagong stock exchanges were found finishing upward with higher transactions of large-cap securities.

Among the rising major sectors were pharmaceutical and chemical, engineering and financial institutions when 229 securities of the large-cap group incurred gain due to higher activities. Some service and real estate, textile and insurance sectors declined marginally.

The broader DSEX index of Dhaka Stock Exchange (DSE) closed the day with 96.13 points up at 5488.23. The blue-chip DS30 and Shariah DSES also followed the same trend with 26.60 points up at 1993.86 and 17.33 points up at 1278.41. The daily turnover in volume was 27.02 crore shares when the daily trade value was Taka 898.74 crore.

At DSE, out of the day's 328 traded issues, prices of 281 securities closed higher against 43 losing issues.

The major gaining issues were Beacon Pharma, Bengal Windsor, ICB Third NRB, First Janata Mutual Fund and Union Capital. The major losing companies were Saif Power, KAY and QUE, National Polymer, PDL and Progressive Life.

Central Pharmaceuticals Limited was the most traded stocks with shares worth Tk 333.11 million changing hands followed by AFCARGO, BEXIMCO, ACIFORMULA, and IFADAUTOS.

The Chittagong Stock Exchange (CSE) closed the day of the week with upward trend with its major CASPI 336.45 points up at 16,982.79.

At CSE, issues traded 251 while 219 closed higher against 26 closed lower when 2 crore shares worth Taka 51.04 crore changed hands.

Source: Bangladesh Sangbad Sangstha (BSS)