Stocks see upward trend on higher transactions

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Economic Reporter :
Stocks witnessed upward trends on Tuesday as major indices of both Dhaka and Chittagong Stock Exchanges rose up on higher transactions.
The day’s trade value at DSE increased to Taka 890.66 crore from Monday’s Taka 885.34 crore and the daily trade also rose to 26.89 crore share from 24.62 crore share of the previous session.
The broader DSEX of DSE closed the day with 6.16 points up at 5,865.46. The blue-chip DS30 and the Shariah DSES also followed the same trend with 4.40 points up at 2,026.11 and with 3.55 points up at 1,319.35. At DSE, out of the day’s 346 securities, prices of 95 securities closed higher against 224 losing issues.
The major gaining issues were SS Steel, Sonar Bangla Insurance, PREMIERBAN, KAY&QUE and United Insurance. The major losing issues were Progressive Life, Imam Button, MI Cement, DBH and Takaful Insurance. PREMIERBAN topped the turnover list followed by UPGDCL, Square Pharma, Dhaka Bank and BSCCL.

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