BSS-36 Stocks close week down

345

ZCZC

BSS-36

STOCK-CLOSE-WEEK

Stocks close week down

DHAKA, May 16, 2019 (BSS) – Stocks today finished the week down 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 45.05 points down at
5,230.79. The blue-chip DS30 and Shariah DSES also followed the same trend
with 33.14 points down at 1,851.35 and with 22.74 points down at 1,197.56
respectively.

Out of the 353 issues traded on DSE, 122 gained against 195 losing
issues. During the week, the daily average trade value declined by 31.86 per
cent to Taka 292.30 crore and the average trade volume fell by 18.68 per cent
to 10.33 crore shares when majority of the traded issues closed up.

The top five gainers of the week were United Insurance Company, IFIC
Bank, LR Global Bangladesh Mutual Fund One, Bank Asia and Popular Life
Insurance Company.

The major losing issues of the week were Fortune Shoes, BRAC Bank,
Bangladesh Shipping Corporation, Power Grid Company of Bangladesh and Oimex
Electrode Limited.

The top five turnover leaders were Lanka Bangla Finance, AB Bank, United
Power Generation and Distribution, Standard Bank and Shahjalal Islami Bank.

Chittagong Stock Exchange (CSE) also closed the week down, with its major
CASPI index ending 184.71 points lower at 16,001.84.

BSS/KUC/RY/1820 hrs