Share prices up on increasing demand

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Economic Reporter :
Share prices rose significantly at Dhaka and Chittagong Stock Exchanges on higher demand from investors eyeing year-end dividend and profit.
Majority of the issues traded Monday registered high to moderate gains. The large-cap securities saw the higher demand while demand for mutual funds was lower than other securities. Newly listed and mid-cap securities were also traded actively.
At Dhaka Stock Exchange (DSE), 173 issues gained when 112 incurred loss and 37 remained unchanged out of the traded 322 securities. Similarly, 141 issues ended higher at Chittagong Stock Exchange (CSE) against 80 losing and 31 static issues. The higher number of gaining issues brought the price indices back to the green zone at the twin bourses. After marginal fall at the close of the week’s opening session, the broader DSEX index of DSE regained by 11.087 points to close at 4797.64 while the blue-chip DS30 and the Shariah DSES followed it to finish flat in green at 1769.99 and 1136.04 respectively.
The major CASPI index of CSE also finished the day up, with recovering nearly 50 points to 14773.38.
The daily transaction at the two markets rose considerably. The trade value at DSE increased to Taka 748 crore from Sunday’s Taka 610 crore when the trade volume was up to 27.25 crore from 23.88 crore shares of the opening session.
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