Stocks break 2-day gaining streak on lower transactions

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Economic Reporter :
After showing upward trends in the previous two sessions, stock markets returned to red zone on Wednesday as issues across both Dhaka and Chittagong Stock Exchanges were found finishing downward trend with lower transactions of large cap securities.
The day’s trade value at DSE decreased to Taka 876.47 crore from Tuesday’s Taka 978.08 crore and the daily trade also fell to 23.94 crore shares from 26.32 crore of the previous session.
The broader index of DSEX of the Dhaka Stock Exchange (DSE) closed the session of the week with 6.46 points down at 5,855.88. The blue-chip DS30 and the Shariah DSES also followed the same trend with 1.03 points down at 2,102.29 and with 3.14 points down at 1304.25 respectively.
At DSE, out of the day’s 331 securities, prices of 164 securities closed lower against 117 gaining issues.
The major gaining issues were Anlima Yarn, Central Insurance, Keya Cosmetic, Premier Leasing and Apex Tannery while the major losing issues were BBS Cables, NLI1STMF, BD Auto Cars, Rangpur Foundry and SEBL1STMF.
BBS topped the turnover followed by Lanka Bangla Finance, BBS Cables, Fortune and ACI.
The Chittagong Stock Exchange (CSE) closed the day of the week with downward trend with its major CASPI 37.38 points down at 18,177.01.
At CSE, 254 issues were traded. Of those, 90 closed higher and 134 closed lower while 2.05 crore shares worth about Taka 68.08 crore changed hands.
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