Stocks break losing streak

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Bangla Tribune Desk
Published : 16:55, Jul 16, 2019 | Updated : 16:57, Jul 16, 2019

FILE PHOTO/Mehedi HasanAfter slumping for the last seven trading sessions, stocks rebounded as investors remained active on sector-wise issues.
The rising major sectors were insurance and financial institutions. A total of 167 securities of large-cap group moved up due to higher activities, reports BSS.
At the Dhaka Stock Exchange, the key DSEX gained 32.96 points to close at at 5,124.45. The blue-chip DS30 and the Shariah DSES also followed the same trend with 10.96 points up at 1,829.49 and with 8.92 points up at 1,175.30 respectively.
At the DSE, out of the day’s 352 securities, prices of 222 securities closed higher against 194 losing issues while 94 remained unchanged.
The volume of shares fell to 96.3 million from Monday’s 109.5 million shares and the daily turnover in value at DSE decreased to Tk 2.72 billion from Monday’s Tk 3.06 billion.
The top five gainers were SEMLFBLGF, VAMLBDMF1, VAMLRBBF, ICBSONALI1 and Global Insurance. The top five losers were First Finance, Fareast Insurance, Federal Insurance, Zeal Bangla and Premier Cement.
SEAPEARL topped the turnover list followed by Fortune, BRAC Bank, BSC and Sino Bangla.
The Chattogram Stock Exchange also closed higher with its major CASPI 82.84 points up at 15,702.41. A total of 268 issues were traded at the CSE. Of those, 152 closed higher and 89 closed lower while 27 remained unchanged.
A total of 6.89 million shares and mutual fund issues changed hands for Tk 164.4 million.

/pdn/zmi/
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