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Stocks end week up

The Dhaka Stock Exchange (DSE) on Thursday bounced back to the green after witnessing correction in the last session amidst increased participation from the enthusiastic investors. The positive vibe was observed from the beginning of the session which continued till the closure although volatility recorded in the last hour of the session.

The opportunist investors’ buoyancy in telecom, pharma, engineering, financial institutions and textile sector stocks helped the benchmark index to close 14 points higher over last session. The broad index, DSEX closed at 4706.66 points on Thursday with a gain of 14.73 points or 0.31 percent.

However, the shaky investors opted for liquidating their position from bank, fuel & power and food sector stocks. The investors’ participation has slightly increased over the last session. Besides, the two selective indices, Blue Chip index, DSE30 and the Shariah index, DSES also went up by 5.32 points and 6.32 points to settle at 1650.63 points and 1081.77 points respectively.

The general insurance sector continued to dominate the turnover board and grabbed 23.3% of the day’s total turnover.
Top ten traded stocks captured around 31.2% of the day’s total turnover where Beacon pharma led the list with 6.5% contribution. On the DSE trading floor, a total number of 121,262 trades were executed in yesterday’s trading session with a trading volume of 146 million securities.

Gainers took a strong lead over the loser as out of 325 issues traded, 144 securities gained price while 123 declined and 58 remained unchanged. On the other hand, the Chittagong Stock Exchange (CSE) also closed at green from the bearish streak of the previous day.

CSCX and CASPI went up by 5.77 points and 9.12 points to stand at 8675.85 points and 14272.13 points respectively. At CSE, a total of 7,119,480 shares and mutual fund of 241 companies were traded, of which 115 issues advanced while 83 declined and 38 issues remained unchanged.

(AA)

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