Stocks maintain upward trend on higher transactions

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DHAKA, Jan 23, 2019 (BSS) – Stocks witnessed upward trends on Wednesday as
major indices of both Dhaka and Chittagong Stock Exchanges rose up on higher
transactions.

The day’s trade value at the DSE increased to Taka 1,045.26 crore from
Tuesday’s Taka 890.66 crore and the daily trade also rose to 33.61 crore
share from 26.89 crore share of the previous session.

The broader DSEX of DSE closed the day with 59.78 points up at 5,925.24.
The blue-chip DS30 and the Shariah DSES also followed the same trend with
16.92 points up at 2,043.03 and 2.44 points up at 1,321.79 respectively.

At the DSE, prices of 165 securities out of the day’s 346 closed higher
against 150 losing issues.

The major gaining issues were United Finance, IFIC, Continental Insurance,
Eastland Insurance and Dhaka Insurance. The major losing issues were Daffodil
Computer, Northern Jute, SS Steel, Gemini Sea and ICBAMCL2ND.

Premier Bank topped the turnover list followed by UPGDCL, IFIC, City Bank
and Legacy Foot.

The Chittagong Stock Exchange (CSE) closed the day of the week with upward
trends with its major CASPI 204.70 points up at 18,212.16.

At the CSE, 267 issues were traded. Of those, 124 closed higher and 126
closed lower.