Advancing large caps drive share market up

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Economic Reporter :
Considerable gain in large cap securities drove the share markets further up on Wednesday when all market indicators finished higher despite falling transactions.
The broader price DSEX index of Dhaka Stock Exchange (DSE) closed the day with 23.72 points up at 5,545.10. The blue-chip DS30 and the Shariah DSES also followed the same trend with 8.75 points up at 2041.12 and with 2.36 points up at 1276.95 respectively.
The rising major sectors included financial institutions, banks and IT. A total of 120 large-cap securities moved up due to higher activities.
The day’s trade value at DSE declined to Taka 693.99 crore from Tuesday’s Taka 774.28 crore and the daily trade also fell to 22.10 crore share from 24.11 crore share of the previous session.
At DSE, out of the day’s 325 securities, prices of 151 securities closed higher against 139 losing issues.
The major gaining issues were FAS Finance, BD Finance, Rupali Bank, Aamra Technology and INTECH.
The major losing issues were Nitol Insurance, Standard Insurance, Republic Insurance, Asia Pacific Insurance and Janata Insurance.
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