Stocks witness up on large-cap vibe

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Economic Reporter :
Stocks witnessed upward trend on Tuesday as major indices of both Dhaka and Chittagong Stock Exchanges were found rising trend with higher activities of some large-cap securities.
The rising major sectors were textile, insurance, food and allied and pharmaceuticals and chemicals. A total of 174 securities of the large-cap group moved up on higher activities.
The broader DSEX index of the DSE closed the session with 75.22 points up at 5,328.76. The Shariah DSES and the blue-chip DS30 also followed the same trend with 18.75 points up at 1,207.84 and with 33.07 points up at 1,861.37 respectively.
The daily turnover in value at DSE increased to Taka 403.13 crore from Monday’s Taka 351.44 crore. But, the volume of shares fell to 11.50 crore from Monday’s 11.98 crore shares.
At the DSE, price of 225 securities out of the day’s 349 traded issues closed higher against 70 losing issues.
The major gaining issues were NEWLINE, Global Insurance, BATBC, JMISMDL and Shepherd while the major losing issues were Sonar Bangla Insurance, VAMLBDMF1, Eastern Insurance, MEGCONMILK and Rupali Life.
Square Pharma topped the turnover leaders followed by UPGDCL, BRAC Bank, Premier Bank and BATBC.

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