Stocks open week up on largecap vibe

DHAKA, Stocks today opened the week up with all the indices at Dhaka and Chittagong stock exchanges finishing upwards on higher activities of largecap securities.

The rising major sectors were service and real estate and insurance. A total of 137 securities moved up due to higher activities.

The broader DSEX of Dhaka Stock Exchange (DSE) finished the day with 25.22 points up at 5402.97. The two selective indices DS30 and DSES were also marginally up at 1889.04 points and 1220.08 points respectively.

Majority of the issues traded on the two bourses closed the day up on moderate demand. Out of the 345 issues traded on DSE, 171 gained against 125 losing issues.

The trade value at DSE decreased to Taka 304.67 crore from the previous session's Taka 425 crore while the trade volume also fell to 9.08 crore from 11.53 crore shares.

The five major gaining companies were EHL, 1STPRIMFMF, National Life Insurance, Pragati Life and SEMLFBSLGF.

The five major losing companies were Mercantile Bank, Standard Bank, NCC Bank, SHAHJABANK and NLI1STMF.

The top five turnover leaders were National Life Insurance, UPGDCL, EHL, ECABLES and New Line.

Chittagong Stock Exchange (CSE) also closed the day up, with its major CASPI index ending 143.87 points higher at 16,519.63.

At CSE, 231 issues were traded. Of those, 125 issues closed higher while 65 issues lower.

Source: Bangladesh Sangbad Sangstha (BSS)