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Stocks end week mixed

WT24 Desk

Stocks ended the week on Thursday mixed with rising trend of major price indices at Dhaka and Chittagong Stock Exchanges despite lower transactions, Agencies report.

The broader DSEX of Dhaka Stock Exchange (DSE) closed the week with 21.36 points up at 5,901.81. The blue-chip DS30 and Shariah DSES also followed the same trend with 2.60 points up at 2,125.72 and with 2.91 points up at 1,314.54.

The daily average trade value at DSE was 8.3 percent down at Taka 975.89 crore and the trade volume was 3.7 percent down at 34.94 crore shares.

Out of the 333 traded securities, 128 closed higher against 128 losing issues when 21 remained unchanged.

During the week, the top five gainers were BBS Cables, Rupali Bank, Kay&Que, MONNOSTAF and Uttara Finance. The five major losing companies were ISNLTD, Sunlife Insurance, KPPL, SHYAMPSUG, BD Welding and Meghna Petroleum.

The top five turnover leaders were CAN Tex, BBS Cables, IFIC, City Bank and Ifad Autos.  Chittagong Stock Exchange (CSE) also closed the week up, with its major CASPI index ending 71.41 points higher at 18,307.98.

Like DSE, most of the issues traded there closed higher when both the trade value and volume of shares declined.

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