Stocks maintain upward trend with higher transactions

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Stocks maintained upward trend on Tuesday as major indices of both Dhaka and Chittagong stock exchanges were found finishing upward with higher transactions of some large-cap securities.

The rising major sectors were bank, food and allied and textile. A total of 134 large-cap securities moved up due to higher activities.

DSEX finished the day with 15.61 points up at 5,876.26 which were the highest after the introduction of the DSEX on January 27, 2013. The Shariah DSES also followed the same trend with 1.18 points up at 1316.38. But the blue-Chip DS30 closed the day with 6.55 points down at 2,136.96.

The day’s trade value at DSE increased to Taka 1,237.39 crore from Monday’s Taka 1166.13 crore and the daily trade rose to 42.97 crore shares from 35.46 crore shares of the previous session.

At DSE, out of the day’s 330 securities, prices of 172 securities closed higher against 128 losing issues.

The major gaining issues were Trust Bank, GHAIL, CNA Textile, Rupali Bank and EBL. The major losing issues were BBS Cables, Jute Spinners, SAVAREFR, Imam Button and Rahima Food.

City Bank topped the turnover list followed by CAN Textile, Lanka Bangla Finance, One Bank and Premier Bank. The Chittagong Stock Exchange (CSE) closed the day of the week with upward trend with its major CASPI 73.01 points up at 18,221.45.

At CSE, 255 issues were traded. Of those, 142 closed higher and 78 closed lower while 2.54 crore shares worth Taka 62.48 crore changed hands.