BSS-24 Stocks close week down

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BSS-24

STOCK-WEEK-CLOSE

Stocks close week down

DHAKA, Dec 13, 2018 (BSS) – Stocks finished the week down on Thursday with falling trends of all major price indices at Dhaka and Chittagong Stock Exchanges as the daily transactions declined amid volatility in large-cap securities.

The broader DSEX of the DSE finished the week with 81.79 points down at 5,251.02. The blue-chip DS30 and Shariah DSES also followed the same trend with 18.71 points down at 1,843.78 and with 17.41 points down at 1,206.79 respectively.

Out of the 349 issues traded on DSE, 117 gained against 209 losing issues. During the week, the daily average trade value declined by nearly 14.93 per cent to Taka 511 crore and the average trade volume fell by 34.96 per cent to 12.02 crore shares when majority of the traded issues closed up.

The top five gainers of the week were Paramount Insurance, JMI Syringes and Medical Devices, Rupali Life Insurance, Anlima Yarn Dyeing and Sunlife Insurance Company.

The major losing issues of the week were Information Services Network, ML Dyeing, Indo-Bangla Pharmaceuticals, Dragon Sweater and Spinning and Monno Jute Stafflers.

The top five turnover leaders were United Power Generation and Distribution Company, Square Pharmaceuticals, JMI Syringes and Medical Devices, Wata Chemicals and SK Trims and Industries.

Chittagong Stock Exchange (CSE) also closed the week down, with its major CASPI index ending 139.12 points lower at 16,364.70.

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