Stocks witness an upward trend in major

Business Desk: Dhaka, Jul-31,

Stocks today witnessed upward trend as major indices of both Dhaka and Chittagong Stock Exchanges were found rising with higher activities of some large-cap securities.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), soared 153.45 points or 2.56 per cent to 6,133.96. Two other indices closed sharply higher. The DS30 Index, which consists of the blue-chip companies, rose 48.32 points to 2,193.57 while the DSES Index, which represents Shariah-based companies, soared 31.27 points to 1,339.48.

Turnover, another important indicator of the market, stood at Tk 5.68 billion, which was Tk 4.42 billion in the previous sessions.

Of the 382 issues traded, prices of 362 shares closed higher, seven lower and 13 issues remained unchanged on the DSE trading floor.

Beximco was the most traded stock, closely followed by KDS Accessories, Matin Spinning Mills, Orion Infusion and Intraco Refueling Station.

The Chittagong Stock Exchange (CSE) also ended sharply higher with the CSE All Share Price Index (CASPI), soaring 379 points to settle at 17,976 and its Selective Categories Index (CSCX) rising 227 points to close at 10,770.

Of the issues traded, 267 advanced, four declined and 12 issues remained unchanged on the CSE trading floor.

The port-city bourse traded 4.56 million shares and mutual fund units with a turnover value of Tk 124 million.

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