Economic Reporter :
Stock maintained steady rise on Wednesday for the third consecutive session, with the major indicators of Dhaka and Chittagong stock exchanges easing up.
The broader index of Dhaka Stock Exchange (DSE) gained 18.89 points to reach 4407.26 when the blue-chip DS30 and Shariah DSES indices followed it to finish the session at 1751.17 and 1100.70 respectively.
The general CASPI index of Chittagong Stock Exchange (CSE) ended the day 41.79 points up at 13693.64.
DSE remained in favour of the sellers, with 158 issues gaining against 104 losing securities among the day’s traded 318 issues. At CSE, 113 issues advanced against 92 losing scrips.
According to market analysts, buying interests of consumers waned in the early trading as the national budget was due to be passed tomorrow. Banking and textile stocks were also under sale pressure.
Among the major gaining sectors were cement, fuel and power and pharmaceuticals when telecom shares suffered major loss.
On DSE, the daily trade value jumped by 51 percent and stood at Taka 586 crore at close when the volume increased by 21.36 percent to 14.10 crore from Tuesday’s 11.62 crore shares.
The daily transaction at CSE also rose on the day when the trade value was up at 24.12 crore and volume to 1.12 crore shares from previous day’s 77 lakh shares of Taka 19.28 crore.
Among the day’s top gaining issues were SEML, Islami Insurance, Janata Insurance, Reliance Insurance and Lafarge Surma.
Stock maintained steady rise on Wednesday for the third consecutive session, with the major indicators of Dhaka and Chittagong stock exchanges easing up.
The broader index of Dhaka Stock Exchange (DSE) gained 18.89 points to reach 4407.26 when the blue-chip DS30 and Shariah DSES indices followed it to finish the session at 1751.17 and 1100.70 respectively.
The general CASPI index of Chittagong Stock Exchange (CSE) ended the day 41.79 points up at 13693.64.
DSE remained in favour of the sellers, with 158 issues gaining against 104 losing securities among the day’s traded 318 issues. At CSE, 113 issues advanced against 92 losing scrips.
According to market analysts, buying interests of consumers waned in the early trading as the national budget was due to be passed tomorrow. Banking and textile stocks were also under sale pressure.
Among the major gaining sectors were cement, fuel and power and pharmaceuticals when telecom shares suffered major loss.
On DSE, the daily trade value jumped by 51 percent and stood at Taka 586 crore at close when the volume increased by 21.36 percent to 14.10 crore from Tuesday’s 11.62 crore shares.
The daily transaction at CSE also rose on the day when the trade value was up at 24.12 crore and volume to 1.12 crore shares from previous day’s 77 lakh shares of Taka 19.28 crore.
Among the day’s top gaining issues were SEML, Islami Insurance, Janata Insurance, Reliance Insurance and Lafarge Surma.
