Stocks inch up despite cautious trading

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Economic Reporter :
Stocks finished the first session of the week on Sunday marginally up after showing a lack of direction for much of the session when investors were cautious in trading.
The broader DSEX index of Dhaka Stock Exchange (DSE) finished the day 8.39 points up at 4557.44, when the blue-chip DS30 and Shariah DSES followed the same trend 3.27 points up at 1747.89 and 0.66 points up at 1104. Similarly, the prime CASPI index at Chittagong Stock Exchange (CSE) was 16.85 points up at 13,983.18.
The transaction at DSE was down when volume of the total shares up by 18.11 percent to 11.88 crore and the total value increased by 3.33 percent to Taka 480.98 crore.
Among the traded 320 issues at DSE, 112 closed higher against 156 losing issues. At CSE, 114 issues lost when 94 finished the day higher.
The DSE top five gaining companies were FAS Finance, Prime Insurance, Islamic Finance, Union Capital and BD Finance. The major losers included Asian Tiger, Modern Dying, IFIL Islami Mutual Fund-1, Northern Jute and South East Bank.
Shahjibazar Power Company Limited topped the turnover list followed by MJL BD, BSRM Limited, Doreen Power, Singer Bangladesh and Islami Bank.
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