Stocks see upward trend on higher transactions

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BSS, Dhaka :
Stocks saw upward trend on Tuesday as major indices of both Dhaka and Chittagong Stock Exchanges were found finishing upward trend with higher transactions of some large-cap securities.
Among rising major sectors were insurance and banks. Food and allied and textile were the major lagging sectors in the day.
The border DSEX of DSE closed the day with 33.83 points up at 5469.47. The blue-chip DS30 and the Shariah DSES also followed the same trend with 6.65 points up at 2026.36 and with 3.75 points up at 1263.13.
The day’s trade value at DSE increased to Taka 500.39 crore from Monday’s Taka 499.93 crore. But the daily trade also declined to 15.52 crore share from 15.55 crore share of the previous session.
At DSE, out of the day’s 321 securities, prices of 173 securities closed higher against 105 losing issues.
The major gaining issues were Agrani Insurance, Continental Insurance, Prime Insurance, RN Spinning and Islami Bank. The major losing issues were SHYAMSUG, Zeal Bangla, Tung Hai, Fine Foods and SHERHERD.
UPGDCL topped the turnover list followed by Lanka Bangla Finance, Prime Bank, RSRM Steel and Islami Bank. The Chittagong Stock Exchange (CSE) closed the day of the week with upward trend with its major CASPI 120.24 points up at 16,937.91.
At CSE, issues traded 233 while 141 closed higher against 74 closed lower when 1.27 crore shares worth Taka 35.07 crore changed hands.
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