Stocks close week up with higher transactions


DHAKA, Jan 10, 2019 (BSS) – Stocks closed the week on Thursday upward
with rising trend of all major price indices at Dhaka and Chittagong Stock
Exchanges on higher transactions.

The daily average trade value at the DSE was 128.94 percent up at Taka
985.13 crore while the trade volume was 37.36 percent up at 28.22 crore

The broader DSEX of the Dhaka Stock Exchange (DSE) closed the week with
206.83 points up at 5,797.30. The blue-chip DS30 and Shariah DSES also closed
the week with 69.75 points up at 2,011.74 and with 47.30 points up at
1,318.66 respectively.

Out of the 349 traded securities, 261 closed higher against 79 losing
issues when 7 remained unchanged.

During the week, the top five gainers were United Insurance, Phoenix
Insurance, JMI Syringes and Medicals Devices, Northern General Insurance and
CVO Petrochemical Refinery.

The five major losing companies were Style Craft, Bangas, Advent Pharma,
Saiham Textile and Fine Foods. The top five turnover leaders were BBS
Cables, Olympic Industries, BRAC Bank, Bangladesh Export Import Company and
Medical Devices.

The Chittagong Stock Exchange (CSE) also closed the week up, with its
major CASPI index ending 209.54 points higher at 17,765.98.

Like the DSE, most of the issues traded at the CSE closed higher when
both the trade value and volume of shares increased.