Stocks finish year upward with higher transaction
Jamunanews :Stocks finished the year 2016 upward on Thursday with rising trend of price index driven mainly higher transaction of some large-cap securities including engineering, pharmaceutical and textile sectors.
DSEX, the major price index of the Dhaka Stock Exchange (DSE), added 8.13 points at close to finish the day at 5036.05 which was the highest after November 3, 2014 when it closed at 5065.14. The index was also higher than previous year when it closed at 4629.64 points.
The trade value was Taka 1070.59 crore, which was Taka 434.39 crore at the last year's closing. Accordingly, the trade volume increased at the close of the outgoing year to 43.34 crore shares from the previous year's closing of 9.70 crore.
The last session of the year traded 326 issues, 262 were from the large-cap group. One hundred issued of this group advanced out of the day's total 147 gaining ones, other 140 scrips from this category suffered losses while the total losing issues on DSE was 155.
The day's major gainers were Fine Foods, Union Capital, Tunghai
Industries, Zaheen Spinning and Family Textile. The most losing securities were Prime 1 ICBA, FBFIF, SEMEL Lecture, IFIC First Mutual Fund and 1 Janata Mutual Fund.
Ifad Autos topped the turnover list followed by Square Pharma,
Generation Next, Beximco and BBS.
Chittagong Stock Exchange (CSE) finished the session of the year upward with its major CASPI index closing high with 4.29 points at 15,477.66.
Out of the 260 issues traded on the CSE, 117 closed higher against 120 losing securities when 3.29 crore shares changed hands for Taka 74.19 crore.