POST TIME: 18 December, 2018 00:00 00 AM
Stocks open week down as major sectors dip
BSS, Dhaka

Stocks open week down as major sectors dip

Stock markets opened the week downtrend yesterday as most of the major sectors closed lower while daily transactions were also declining.

The major losing sectors were jute, IT sector, textile and pharmaceuticals and chemicals. A total of 173 securities of the large-cap group incurred loss due to lower activities.

The broader index DSEX of Dhaka Stock Exchange (DSE) finished the first session of the week 33 points down at 5,218.01. The Shariah DSES and the blue-chip DS30 also followed it the same trend with 5.28 points down at 1,201.51 and with 1.62 points down at 1,842.16.

The daily turnover in value at DSE declined to Tk 314.56 crore from Thursday’s Tk 499.70 crore and the volume trading shares fell to 8.60 crore shares from the previous session 12.37 crore shares. Among the traded 339 issues at DSE, 61 closed higher against 231 gaining issues.

The top five gaining companies were Sun Life Insurance, ANLIMAYARN, 1STPRIMFMF, Rupali Life and Daffodil Computer.

The major losing securities were Jute Spinning, ISNLTD, MLDYEING, JMISMDL and KTL. Square Pharma topped the turnover list followed JMISMDL, UPGDCL, Brac Bank and ANLIMAYARN.

Chittagong Stock Exchange (CSE) also opened the week down, with its major CASPI index closing ended over 97.13 points down at 16,028.45. The volume trading in CSE was 43.03 lakh shares and the trade value was Tk 11.06 crore.