DSEX, DSES reach new high

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DHAKA, Nov 20, 2017 (BSS) – Stocks continue to maintain upward trend on Monday extending the wining spell for third consecutive sessions in a row, while the prime index of the Dhaka Stock Exchange (DSE) and Shariah index reached a new high on higher transactions.

DSEX finished the day with 12.17 points up at 6,319.12 which were the highest after introducing the DSEX on January 27, 2013. The DSES for Shariah-based companies also closed the day with 9.45 points up at 1,392.73 which were also the highest after introducing the DSES on January 20, 2014.

But the blue chip scrips closed the day with 4.23 points down at 2,286.12.

The day’s trade value at DSE increased to Taka 1,158.50 crore from Sunday’s Taka 970.79 crore and the daily trade also rose to 33.45 crore share from 24.76 crore share of the previous session.

The main reason behind the increased transactions and indices was that banks and some large-cap securities are showing better performance as the investors have become confident over the securities, Azam Securities Limited Managing Director Ahmed Kabir Majumder told BSS.

At DSE, out of the day’s 324 securities, prices of 127 securities closed higher against 161 losing issues.

The major gaining issues were Mithun Knitting, GEMINISEA, FAS Finance, Union Capital and AB Bank. The major losing issues were PDL, Delta Spinning, KBPPWBIL, OAL and Imam Button.

AB Bank topped the turnover list followed by Lanka Bangla Finance, Dhaka Bank, Square Pharma and Shahjalal Bank.

The Chittagong Stock Exchange (CSE) closed the day of the week with upward trend with its major CASPI 10.48 points up at 19,548.89.

At CSE, 253 were issues traded. Of those, 108 closed higher and 120 closed lower while 2.05 crore shares worth Taka 68.98 crore changed hands.

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