Stocks up on large cap vive

Stocks up on large cap vive

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Stocks witnessed upward trend on Monday with rising trend of all the indices at Dhaka and Chittagong stock exchanges on higher activities of large-cap securities.

The rising major sectors were insurance and food and allied. A total of 141 securities moved up due to higher activities.

The broader DSEX of Dhaka Stock Exchange (DSE) finished the day with 11.06 points up at 5,784.67. The two selective indices – DS30 and DSES – also followed the same trend with 3.15 points up at 2,179.08 and with 3.06 points up at 1,353.66 points respectively.

Out of the 340 issues traded at the DSE, 165 gained against 120 losing issues. The trade value at the DSE increased to Taka 515.62 crore from the previous session’s Taka 412.25 crore and the trade volume also increased to 13.42 crore from 10.59 crore shares of Sunday trading.

The five major gaining companies were Popular Life Insurance, USMANIAGL, Sonali Ansh, NTC and Beximco. The five major losing companies were Mercantile Bank, United Insurance, ADVENT, Central Insurance and Rupali Insurance.

The top five turnover leaders were Beximco, Brac Bank, ADVENT, Mercantile Bank and LHBL.

Chittagong Stock Exchange (CSE) also closed the day up, with its major CASPI index ending 21.45 points higher at 17,846.61.

At the CSE, 233 issues were traded. Of those, 121 issues closed higher while 84 issues lower.

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