Published:  12:56 AM, 07 November 2019

Stocks maintain bullish trend

Stocks maintain bullish trend

The Dhaka Stock Exchange (DSE) observed on Wednesday an amazing session with over 1 percent gain in prime index, buoyed by the buying appetite of the optimistic investors amid favorable regulatory measures.The bourse witnessed buying pressure from the opening of the session in most of the sectors, especially in bank, financial institutions, engineering, food and textile sectors stocks which sustained throughout the session.

The broad index, DSEX closed at 4754.69 points on Wednesday with a gain of 50.99 points or 1.08 percent.

Besides, the two selective indices, Blue Chip index, DSE30 and the Shariah index, DSES also went up by 17.05 points and 7.92 points to settle at 1654.19 points and 1089.32 points respectively.On the DSE trading floor, a total number of 127,382 trades were executed in yesterday's trading session with a trading volume of 141.53 million securities.

Trading activities has increased by 25.2% over last session as the investor's injected fresh fund into the market. The engineering sector dominated the turnover board and grabbed the total's 15.1 percent.Gainers took a strong lead over the losers as out of 351 issues traded, 221 securities gained price while 81 declined and 49 remained unchanged.

The top 10 losers were Rahim Textile, National Tubes, ML Dying, Green Delta Insurance, Eastern Insurance, Vanguard AML Rupali Bank Balanced Fund, Bata Shoes, CAPM BDBL Mutual Fund, BGIC and Popular Life Insurance.

On the other hand, the Chittagong Stock Exchange (CSE) also closed in green maintaining the upbeat of the previous day.

CSCX and CASPI also went up by 98.71 points and 164.84 points to stand at 8776.79 points and 14445.47 points respectively.At CSE, a total of 8,684,577 shares and mutual fund of 260 companies were traded, of which 176 issues advanced while 55 declined and 29 issues remained unchanged.

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