Stocks witness up on large-cap vibe

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DHAKA, May 9, 2021 (BSS) – Stocks today witnessed upward trend as major indices of both Dhaka and Chittagong Stock Exchanges were found rising with higher activities of some large-cap securities.

The major rising sectors were textile, IT and fuel and power. A total of 120 large cap securities moved up on higher activities.

The broader DSEX index of the DSE closed the session with 39.68 points up at 5,645.69. The Shariah DSES and the blue-chip DS30 followed the same trend with 9.31 points up at 1,261.49 and with 28.71 points up at 2,165.99 respectively.

The volume of shares decreased to 45.92 crore from Thursday’s 50.39 crore shares and the daily turnover in value at the DSE fell to Taka 13,520.39 million from Thursday’s Taka 14,862.69 million.

At the DSE, price of 365 securities out of the day’s 176 closed higher against 126 losing issues.

The major gaining issues were SIMTEX, EGEN, LRBDL, VFSTDL and Prime Tex while the major losing issues were Agrani Insurance, United Insurance, Tekaful Insurance, Islami Insurance and Padma Life.

Beximco topped the turnover leaders followed by NFML, Robi, Square Pharma and BATBC.

The Chittagong Stock Exchange (CSE) closed the day of the week with upward trend with its major CASPI 122.28 points up at 16,331.17.

At the CSE, 274 issues were traded. Of those, 141 closed higher and 96 closed lower when 2.33 crore shares worth Taka 66.37 crore changed hands.